SLP416 Per Bylund - How To Think About Economics
Stephan Livera Podcast
00:00
Is There a Difference Between Economists and Statisticians?
An austrian economics is trying to explain what is going on in the economy. But changing your mind like that doesn't change the fact that this transaction took place, he says. And so i think perhaps there is a confusion about whether economists are good statisticians or if they just use economic terms and run statistical tools.
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