Cautionary Notes to Avoid Rookie Economist Errors, Revised Edition:
Original Report
As I’m teaching econometrics, I’m adding in handling-of-data issues. Examples from the last three years. Don’t smear data sources without understanding the data EJ Antoni: Back to Smearing Data...
As I’m teaching econometrics, I’m adding in handling-of-data issues. Examples from the last three years. Don’t smear data sources without understanding the data EJ Antoni: Back to Smearing Data Sources Don’t argue that the data haven’t exhibited something for a hundred years, when a hundred years of the data don’t exist. The Availability of Quarterly […]
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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