Joshua Angrist on Econometrics and Causation
EconTalk
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The Impact of Scientific Experiments on Health Insurance
Economists are typically unconvinced by scientific so-called scientific experiments using first rate research design. I think that the people who work on health insurance in the scholarly community have been enormously influenced by those findings. When it comes to making policy, there are people who skip over the advocates and they do look at what the academics say.
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