It is in cases like this that economists turn to econometrics. Econometrics uses economic theory, mathematics, and statistical inference to quantify economic phenomena. In other words, it turns ...

It is in cases like this that economists turn to econometrics. Econometrics uses economic theory, mathematics, and statistical inference to quantify economic phenomena. In other words, it turns ...

Hoover Fellow and author Thomas Sowell on his fifth edition of "Basic Economics: A common sense guide to the economy." ...