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8min chapter
What’s wrong with economics? With Angus Deaton
The Economics Show
Reconsidering the Role of Randomized Control Trials in Economics
The chapter explores the limitations and biases of modern econometric techniques and randomized control trials, emphasizing the importance of humility and good evidence quality in interpreting empirical data. It discusses the debate between focusing on small fixes versus tackling larger issues and critiques the assumption of equal groups in randomized control trials.
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