On credibility and causality in economics

Created
Mon, 23/09/2024 - 19:00
Updated
Mon, 23/09/2024 - 19:00
‘Ideally controlled experiments’ tell us with certainty what causes what effects — but only given the right closures. Making appropriate extrapolations from (ideal, accidental, natural or quasi) experiments to different settings, populations or target systems, is not easy. ‘It works there’ is no evidence for ‘it will work here.’ Causes deduced in an experimental setting […]

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