this post was submitted on 22 Nov 2024
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187
It's true tho (hexbear.net)
submitted 7 months ago by [email protected] to c/[email protected]
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[–] [email protected] 39 points 7 months ago (6 children)

A few years back there was some big economics study that supposedly proved that countries whose governments “stayed out of” the market had better metrics or some such neoliberal thing. Except a grad student figured out it was all bunk because he looked at the supporting documents and saw that the formula they used in Excel to find that claim missed like a third of the rows of the data and once the formula was extended all the way down, it produced an opposite conclusion.

[–] [email protected] 14 points 7 months ago* (last edited 7 months ago) (1 children)

Sounds interesting, do you have a source? I couldn’t immediately find it.

[–] [email protected] 15 points 7 months ago (1 children)

Here’s an article on the error. I had the orientation wrong though, it was columns that were omitted.

[–] [email protected] 8 points 7 months ago

Thanks! It’s an interesting read.

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