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The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice, and Lives
"Statistical significance," a technique that dominates medicine, economics, psychology, and many other scientific fields, has been a huge mistake. The outcome is a case study in bad science - how itExpand
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The Standard Error of Regressions
Statistical significance as used in economics has weak theoretical justification. In particular it merges statistical and substantive significance. The 182 papers using regression analysis in theExpand
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Bourgeois Dignity: Why Economics Can't Explain the Modern World
The big economic story of our times is not the Great Recession. It is how China and India began to embrace neoliberal ideas of economics and attributed a sense of dignity and liberty to theExpand
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Knowledge and Persuasion in Economics
Is economics a science? Deidre McCloskey says 'Yes, but'. Yes, economics measures and predicts, but - like other sciences - it uses literary methods too. Economists use stories as geologists do, andExpand
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Size Matters: The Standard Error of Regressions in the American Economic Review
Significance testing as used has no theoretical justification. Our article in the Journal of Economic Literature (1996) showed that of the 182 full-length papers published in the 1980s in theExpand
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The Rhetoric of Economics
In this revised second edition, Deirdre McCloskey demonstrates how economic discourse employs metaphor, authority, symmetry and other rhetorical means of persuasion. "The Rhetoric of Economics" showsExpand
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If You're So Smart: The Narrative of Economic Expertise
In this witty, accessible, and revealing book, McCloskey demystifies economic theory and practice to show that behind the economists claim to certainty is the ancient art of storytelling. "If You'reExpand
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One Quarter of GDP Is Persuasion
Economists view talk as cheap and culture as insignificant. Yet humans are talking animals, talking in their markets. The talk probably matters: why else would the human animals bother doing it? TheExpand
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If You're So Smart
In this witty, accessible, and revealing book, Deirdre McCloskey demystifies economic theory and practice to show that behind the economists claim to certainty is the ancient art of storytelling. IfExpand
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Crossing: A Memoir
Deirdre McCloskey, the former Donald, tells the story of her crossing the gender line in this memoir. An economist and historian, a husband and father, Donald McCloskey had cross-dressed for yearsExpand
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