Thursday, January 27, 2011

Statistics

When I was in grad school, I had to take some quantitative courses. One of the textbooks was "How to Lie With Statistics." Sometimes I wonder if a lot of economists and statisticians have taken that book too close to heart. I keep hearing about all this cheery economic news. But so far in my travels, and my questioning of travelers, I'm not getting all that much.

With luck, maybe it's just early in the "recovery." I mean, everything about this economic rebound can't be illusion.

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