Adam Seifus co-authored with Vinny Akbar-Saud of the book Ending Medical Reversal. The idea that there's a study comes out and says, this is good, or this is bad,. And people take it, well, it's peer reviewed, so therefore it must be true. But then when they go into the randomized control trial, they find out that the results are opposite.
John Ioannidis of Stanford University talks with EconTalk host Russ Roberts about his research on the reliability of published research findings. They discuss Ioannidis's recent study on bias in economics research, meta-analysis, the challenge of small sample analysis, and the reliability of statistical significance as a measure of success in empirical research.