Re:Lectures in Quantitative Economics with Python [pdf]
by mruts on Saturday September 21, 2019 @07:11PM
(#21038486)
You don't even want to expense a Stata license. Stata is the worst thing I've ever had to use. Maybe as a person who can't program it makes sense, but as a professional developer almost everything about Stata is non-intuitive, confusing, and stupid. Also the only thing to go on is their stupid pdf manual. Finding real people on the internet who actually use it is almost impossible.
In Stata's defense: It helps that Stata is actually really good for the "running regressions" part. In particular, it gets robust standard errors right without much extra work in complex cases that would require a lot of additional code in Python or R.
R wins easily for data visualization and scripting, though. It's also much better as a skill you can "take with you". If you end up working in industry, you may not be able to expense a Stata license, but you'll almost certainly be able to use R (although maybe not RStudio).