normative
No Alternative To Imperfect Scientific Method
Despite the limitations of models and evidence in economics, there is no alternative to formulating well-grounded models, doing empirical work, and seeking natural experiments to learn as much as possible; abandoning that would leave only a shouting match where anything goes.
normativepending
Speaker
Paul PfleidererEvidence Quote
“I don't want to be anti-scientific here at all. I want to be as scientific as we in the profession can be. But obviously realize the limitations.”
Created: 6/13/2026, 12:27:00 AM
My Notes
Loading notes...