Imad Moosa challenges convention with this comprehensive and
compelling critique of the limitations and abuses of econometrics,
condemning the common practices of misapplied statistical methods
in both economics and finance. After reviewing the Keynesian,
Austrian and mainstream criticisms of econometrics, it is
demonstrated that by using standard econometric techniques, methods
and models can be manipulated to produce any desired result. These
hazardous analyses may then be relied upon to support flawed policy
recommendations, ideological beliefs and private interests. Moosa
proposes that the way forward should instead be to rely on clear
thinking, intuition and common sense rather than continue with the
reliance upon econometrics. The mathematization of economics has
limited the accessibility and participation in economic discussion
by making the area into a complex `science' when it should not be.
Appealing to both academics and practitioners of economics and
finance, this book serves to challenge the acceptance of
econometrics as offering trustworthy analysis. Any individual
interested in this sort of empirical work will find this book a
captivating read on the limitations of econometrics.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
