So you want to run yet another regression? Think twice!

23 Jul, 2012 at 14:18 | Posted in Statistics & Econometrics | 3 Comments

The cost of computing has dropped exponentially, but the cost of thinking is what it always was. That is why we see so many articles with so many regressions and so little thought.

Zvi Griliches


  1. Reference please! I tried looking it up but could not find the original content.

    • Cited in Robert Gordon, Collected Essays (2004, p.36)

      • Thanks!

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