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First notes on Thomas Piketty's Capital in the 21st Century | 46 comments (46 topical, editorial, 0 hidden)
Methodological Problem (none / 0)
As long as Political Science is completely mired in Gaussian Statistics anything they say about the political-economy is "Not Even Wrong."  Pareto showed income follows a Power Law back in the 1890s.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Wed Apr 30th, 2014 at 01:07:18 PM EST
[ Parent ]
Re: Methodological Problem (none / 0)
There is nothing wrong with Gaussian statistics, so long as one remembers to apply proper misspecification tests.

And papers which don't apply (and publish) misspecification tests should be filed in the round archive regardless of the statistical model used.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Apr 30th, 2014 at 08:30:26 PM EST
[ Parent ]
Re: Methodological Problem (none / 0)
Please note I wrote "mired in."  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Thu May 1st, 2014 at 12:55:08 PM EST
[ Parent ]

First notes on Thomas Piketty's Capital in the 21st Century | 46 comments (46 topical, 0 editorial, 0 hidden)
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