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mk · 2843 days ago · link · · parent · post: Larry Summers: Interest rates are at inconceivable levels, and we must confront what that means
No doubt. Unfortunately, I'm not convinced there is much evidence that 'data' is the answer. Everyone seems to be able to take what the want from data. If anything, it seems that our 'policies' or 'solutions' should be subjected to more scrutiny, proportional with the size of their intended effects. We tend to focus upon the reasons for specific policies, but the policies themselves don't face as much skepticism.