What’s wrong with Econometrics?

April 9, 2009 at 00:22 | Posted in Econometrics, economics | Leave a comment

To an econometrist there is no difference between 50 cellular phones costing $100 each and 5 rotary phones costing $1,000 each. Both are worth $5,000.

That’s what’s wrong with Econometrics.

Cheerio,

JR

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