Because I am a native econ whose life quest it is to bridge the epi/econ causal inference methods divide.
And because I recognize a lot of my own errors in it.
1) The framing is atrocious, in particular since it implies epi-ists < econ-ists
2) The methods divide is very real, but not for the reasons implied.
3) Epi would, indeed, benefit greatly from embracing these methods, but
4) This article only hurts that effort.
Epi has an entire field of causal inference with observational data. To not even mention it is negligent.
That's wrong, period.
We have very different lenses. I can think my native econ lens has some benefits without assuming the native epi lens is trash (which it absolutely is not).
I've learned from and continue to purge this kind of erroneous thinking. This article may help you recognize it.
It's really hard to overstate just how different they are given that both deal with essentially the same problem.
Rather than rehash this for the millionth time, I wrote about it a year ago here:
That is a real issue, and one which I and many others are working to solve.
These methods would be INCREDIBLY useful in epi if they were more available.
Epi folks: RDD is a gold mine for kickass studies. Trust me on this one, you won't regret it.
Let's make that happen.
The NYT article just kinda...ignores that part.
Causal inference is hard.
We economists (I am also counting myself in the econ-o-verse) have to be learning before we can be teaching, or at least do both at the same time.
We have to spend the time there. We have to be welcome there. And we have to make ourselves so that we are welcome.
A few years ago, I might have written something very similar to this article.
This is how it should be done.
ncbi.nlm.nih.gov/pmc/articles/P…