IN THE NEWS: The Economist (23 January 2016)

(FROM THE ARTICLE “All at sea: Ideological divisions in economics undermine its value to the public“): “Sifting out the guff requires transparency, argued John Cochrane of the University of Chicago in another recent blog post. Too many academics keep their data and calculations secret, he reckoned, and too few journals make space for papers that seek to replicate earlier results. Economists can squabble all they like. But the profession is of little use to anyone if it cannot then work out which side has the better of the argument.

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