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2 pieces on file · tagged “methodology”

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Science

When the Measuring Stick Is Wrong: Science in Crisis

When a field's core instrument turns out to be flawed, decades of findings can unravel. Here's what actually happens next, and why it matters.

Business

Why Economists Can't Predict Recessions in Advance

Academic economists almost never call recessions before they arrive. Here's the structural reason why, and what that means for anyone who relies on forecasts.