11 books
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4 voters
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A good way to do econometrics is to look for good natural experiments and use statistical methods that can tidy up the confounding factors that Nature has not controlled for us.
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Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.
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― Small Is Beautiful: Economics as if People Mattered
― Small Is Beautiful: Economics as if People Mattered
