Row 51712

Row ID: 51712 | Dataset Entry | Axioma AXP Content Repository

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Just out of curiosity, how is the second thing wrong? How does a lack of wealth tax for billionaires mean more government spending or lower taxes/deficit spending?

Others have made the point in this thread that there's not the same scientific rigor for experimentation in the field of economics as there are in other disciplines. The responses have been basically, "nuh uh, not an economist." But how does experimentation work? If you do a report saying "policy A was implemented and outcome B occurred," how do you link the two causally? How do you measure the influence of outside variables? How do you control for those variables? How can you even be sure you've isolated a sufficient number of variables?

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text Just out of curiosity, how is the second thing wrong? How does a lack of wealth tax for billionaires mean more government spending or lower taxes/deficit spending? Others have made the point in this thread that there's not the same scientific rigor for experimentation in the field of economics as there are in other disciplines. The responses have been basically, "nuh uh, not an economist." But how does experimentation work? If you do a report saying "policy A was implemented and outcome B occu…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-22
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  "text": "Just out of curiosity, how is the second thing wrong? How does a lack of wealth tax for billionaires mean more government spending or lower taxes/deficit spending? \n\nOthers have made the point in this thread that there's not the same scientific rigor for experimentation in the field of economics as there are in other disciplines. The responses have been basically, \"nuh uh, not an economist.\" But how does experimentation work? If you do a report saying \"policy A was implemented and outcome B occurred,\" how do you link the two causally? How do you measure the influence of outside variables? How do you control for those variables? How can you even be sure you've isolated a sufficient number of variables?",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-22",
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