Book notes: Econometrics as a Con Art, by Imad Moosa
Imad Moosa, Econometrics as a Con Art: Exposing the Limitations and Abuses of Econometrics, Edward Elgar Publishing, 2017, 296 pages
Following the beginning of the global financial crisis in the late 1990s, academic economics has increasingly been attacked for its lack of relevance and for its implausibility. Moosa goes further by asserting econometrics – the establishment of statistical relationships between economic variables by mathematical means – is useless and a junk science. This is
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