Re: The Well-Read Cypherpunk

2001-04-25 Thread Steve Mynott
Bill Stewart [EMAIL PROTECTED] writes: Perhaps the field has changed since I was in college, but back then, academic econometrics had the reputation of being dominated by Marxists - the more-Scientific Socialists who understood that if you want a centrally planned economy, you have to

RE: The Well-Read Cypherpunk

2001-04-25 Thread Jim Choate
On Wed, 25 Apr 2001, Phillip H. Zakas wrote: in other words, it's a branch of statistics that provides no real value. Not at all, it is a young science. Of what use is a baby? You won't know until it grows up. there's no point in providing statistical analysis of the past if you can't

Re: The Well-Read Cypherpunk

2001-04-25 Thread Jim Choate
On 25 Apr 2001, Steve Mynott wrote: Econometrics has completely failed as a predictive science and the Austrian School has a trenchant critique of the whole idea of economic measurement. It's not even had a shot at solving the problems. The tools and the datasets are only just now coming

Re: The Well-Read Cypherpunk

2001-04-24 Thread Bill Stewart
At 05:38 PM 04/23/2001 -0500, Jim Choate wrote: On Tue, 24 Apr 2001, Faustine wrote: What about econometrics? It seems to belong in the same conceptual category as mathematics, statistics, operations research, etc. I dont think econometricians would generally appreciate being called

Re: The Well-Read Cypherpunk

2001-04-23 Thread Jim Choate
On Tue, 24 Apr 2001, Faustine wrote: What about econometrics? It seems to belong in the same conceptual category as mathematics, statistics, operations research, etc. I dont think econometricians would generally appreciate being called softies... If by 'econometrics' you mean 'take real

RE: The Well-Read Cypherpunk

2001-04-23 Thread Phillip H. Zakas
: Re: The Well-Read Cypherpunk On Tue, 24 Apr 2001, Faustine wrote: What about econometrics? It seems to belong in the same conceptual category as mathematics, statistics, operations research, etc. I dont think econometricians would generally appreciate being called softies

Re: The Well-Read Cypherpunk

2001-04-22 Thread Jim Choate
On Sun, 22 Apr 2001, Richard Fiero wrote: James A. Donald wrote: . . . You are implying that libertarian analysis is unscientific and not academically respectable. But much of it, most famously that by David Friedman, is as hard core as anyone would wish, and on certain topics, it is a