New Books in Economics cover image

Justin Grimmer et al., "Text as Data: A New Framework for Machine Learning and the Social Sciences" (Princeton UP, 2022)

New Books in Economics

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Theoretical Models, You Know?

"I just think it's a reasonably good, you know, summary of what's going on," he says. "There's lots of ways you could do it." He adds that the way i've tended to come down on the story is by thinking of them as parables. 'We're trying to build maps that are useful for the purpose they're at' I'd like to hear more about his model-making process.

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