, 4 tweets, 2 min read Read on Twitter
1/4
I think the Garbage Theory is fundamentally flawed. Since "credible inference" is subsumed by "structural economics", garbage generation is a logical impossibility. This is expressed clearly in ucla.in/2mhxKdO, Section on "Experimentalists". Quoting:
2/4
Quoting: "to the extent that the “experimental” approach is valid, it is a routine exercise in structural economics. However, the philosophical basis of the “experimentalist” approach, as it is currently marketed, is both flawed and error prone." (The Refs are illuminating)
3/4
Thus, Good news to all sailors and passenger on this unassailable ship: "The garbage attack is over." Moreover, the more you hear about things "you dont even know" (eg. "what data you need") the closer we get to an automated-Angrist, because, if this is what we need to know,
4/4
we are already there. See ucla.in/2Jc1kdD on how smart structural economists can select data sources for identification. What else do they ("credibility" claimants) think "you don't even know"? The more the better. #Bookofwhy
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