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I'm reposting this blog entry because it illustrates nicely the difficulties in dealing with data, and data is key in understanding the economy.  Theory is necessary, but without data to check it's validity... 

Quotable Quote - "Data rarely speak for themselves. There's almost always some folklore, known to initiates, about how data should and should not be used. As the web transforms the availability and use of data, it's essential that the folklore be democratized as much as the raw data themselves."

Niall Ferguson's Mistake Makes the Case for Metadata - August 22, 2012

An interesting article on robotics today and trends for the future.  My introductory economics class this semester will have writing assignment that are partly graded by machine.

Skilled Work, Without the Worker
- August 18, 2012

Authors

  • Richard W. Evans is an Assistant Professor of Economics at Brigham Young University

  • Jason DeBacker is an Assistant Professor of Economics at Middle Tennessee State University

  • Kerk L. Phillips is an Associate Professor of Economics at Brigham Young University