Is There a Difference Between Theory and Data?

In the current academic environment, there's a lot of debate over how and to what ends you should be asking questions. And i think one of the biggest questions that we face is, like, how do we work off of incomplete information? How do we actually do som cost benefit analysis, say, when we're looking at government policy? I often just take observations from the world around me as data, even though nobody's done a formal statistical analysis of em. That was a key datum for me to try to model and understand the key motives for conversation.

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