Sunday, April 8, 2018

On the blogs -- The Measurement Edition


Here are 15 Common Data Fallacies to Avoid-- Jeff Desjardins at Visual Capitalist on some common mistakes. I like the McNamara fallacy, which is probably common in economics

Welfare Versus GDP: What Makes People Better Off-- Geoffrey Bannister and Alexandros Mourmouras at the IMF blog on alternative measures of well-being

Inequality and Poverty-- Chris Dillow at Stumbling and Mumbling on the limits of the Gini coefficient

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Rethinking the determination and long-run evolution of income distribution

New paper by Thomas Palley. From the abstract: This paper presents a theory and model of long-run cycles in income inequality. The model exp...