It's a very common misconception that economists just study the economy. That is only one aspect of economics. There is a huge amount of economic research which concerns itself with health. So for this week's post I thought I'd write a piece which touched on this. Specifically, I am going to show how to run... Continue Reading →
A few posts back I wrote about the difficulty of using proxies in music. Proxies are approximate measurements used to measure things which are difficult to quantify. That post discussed the use of proxies to try and determine which band was the greatest ever. This proves difficult because there is no one measurement for greatness and... Continue Reading →
Academics have one job, to advance knowledge within their field. The two ways they do this are by teaching and researching. Both are obviously important because teaching communicates what is already known within the field, while research creates new knowledge. Economic research involves quite a bit of quantitative measurement and seeing if one thing is... Continue Reading →
Determining the greatest band of all time is one of the most difficult questions in all of music. It’s arguably impossible to answer correctly as well because to nearly everyone in the world, the matter is entirely subjective, they prefer a certain band over others because there is something specific about that band that just... Continue Reading →
Despite the cold stereotype which economists are often associated with, they are at heart people with a love for a specific subject who long to explain the happenings of the world using this subject. That is what economists, along with other academics do every day; they attempt to advance the knowledge of their own subject... Continue Reading →
Econometrics is one of the most important tools in an economist’s arsenal. Econometric techniques allow economists to test hypotheses in economic theory in the real world and see if they are correct or not. Econometrics is the application of data analysis to economics, the word “Econ” refers to economics and “metrics” refers to quantitative measurement.... Continue Reading →
When it comes to legends in the world of music you can't really get a more iconic and critically acclaimed group than the Beatles. It’s nearly impossible to downplay their contribution to pop music without being immediately subject to incredible criticism. Though while all the Beatles are legends in their own right, there is one who... Continue Reading →
