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	<title>Comments on: Weekend Roundup</title>
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	<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/</link>
	<description>The Big Questions &#124; Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics</description>
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		<title>By: Steve Landsburg</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8856</link>
		<dc:creator>Steve Landsburg</dc:creator>
		<pubDate>Mon, 26 Jul 2010 14:53:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8856</guid>
		<description>Harold:  &lt;i&gt;Knowing nothing else about the evidence, it must weaken our faith in it to some extent. &lt;/i&gt;

Agreed in general but not in this case, because in this case Person B is a group of people who Krugman has been telling us, on a daily basis for months, are liars, scumbags and charlatans.</description>
		<content:encoded><![CDATA[<p>Harold:  <i>Knowing nothing else about the evidence, it must weaken our faith in it to some extent. </i></p>
<p>Agreed in general but not in this case, because in this case Person B is a group of people who Krugman has been telling us, on a daily basis for months, are liars, scumbags and charlatans.</p>
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		<title>By: Harold</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8855</link>
		<dc:creator>Harold</dc:creator>
		<pubDate>Mon, 26 Jul 2010 14:34:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8855</guid>
		<description>Steve, whilst you are correct that someone else using the same evidence for the exact opposite does not invalite it.  It does suggest that the evidence is not exactly clear cut.  Knowing nothing else about the evidence, it must weaken our faith in it to some extent.  Person A says it shows a, person B says it shows b.  a and b cannot both be correct.  If we only knew what person A said, we may assign a probability of it being correct.  Now we know that the opposite interpretation is at least possible, and not only possible but published somewhere, that probability must be reduced.</description>
		<content:encoded><![CDATA[<p>Steve, whilst you are correct that someone else using the same evidence for the exact opposite does not invalite it.  It does suggest that the evidence is not exactly clear cut.  Knowing nothing else about the evidence, it must weaken our faith in it to some extent.  Person A says it shows a, person B says it shows b.  a and b cannot both be correct.  If we only knew what person A said, we may assign a probability of it being correct.  Now we know that the opposite interpretation is at least possible, and not only possible but published somewhere, that probability must be reduced.</p>
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		<title>By: Tweets that mention Weekend Roundup at Steven Landsburg &#124; The Big Questions: Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics -- Topsy.com</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8846</link>
		<dc:creator>Tweets that mention Weekend Roundup at Steven Landsburg &#124; The Big Questions: Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics -- Topsy.com</dc:creator>
		<pubDate>Mon, 26 Jul 2010 13:01:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8846</guid>
		<description>[...] This post was mentioned on Twitter by 赤俊雄, Steven Landsburg. Steven Landsburg said: The intellectual suicide of Paul Krugman, and more: http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/ [...]</description>
		<content:encoded><![CDATA[<p>[...] This post was mentioned on Twitter by 赤俊雄, Steven Landsburg. Steven Landsburg said: The intellectual suicide of Paul Krugman, and more: <a href="http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/" rel="nofollow">http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/</a> [...]</p>
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		<title>By: Bob</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8836</link>
		<dc:creator>Bob</dc:creator>
		<pubDate>Mon, 26 Jul 2010 05:46:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8836</guid>
		<description>Let us suppose that I am given a statement of the form &quot;A causes B&quot;. I could ask (i) Are you sure you have the causality correct and that it is not B causing A? (ii) Are you sure that there is no third factor C causing both A and B? Very basic logic, and I need not know anything about the subject matter.

But to wave my hands, repeatedly invoke &quot;Surely&quot;, and thus conclude that the statement is incontrovertibly false: that, my friends, requires a Nobel-level intellect.</description>
		<content:encoded><![CDATA[<p>Let us suppose that I am given a statement of the form &#8220;A causes B&#8221;. I could ask (i) Are you sure you have the causality correct and that it is not B causing A? (ii) Are you sure that there is no third factor C causing both A and B? Very basic logic, and I need not know anything about the subject matter.</p>
<p>But to wave my hands, repeatedly invoke &#8220;Surely&#8221;, and thus conclude that the statement is incontrovertibly false: that, my friends, requires a Nobel-level intellect.</p>
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		<title>By: Steve Landsburg</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8834</link>
		<dc:creator>Steve Landsburg</dc:creator>
		<pubDate>Mon, 26 Jul 2010 02:58:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8834</guid>
		<description>Observer:  Here is the exact point at which I disagree with you:

&lt;i&gt;he then very briefly goes through each case suggesting why they don’t hold up as very good examples &lt;/i&gt;

The only argument that Krugman makes for Canada not being a good example is that somebody else might have used Canada as an example of something different.

This does not seem to me to be a good argument against Canada as an example.

Moreover, it seems to me that this argument fails in the same way that many of Krugman&#039;s recent arguments fail:  He points to someone who has made a silly argument against extending unemployment benefits, refutes that argument, and acts as if this suffices to dispense with *all* arguments.  (I&#039;ve given citations to this in previous blog posts.)   Reinhart/Rogoff are no more responsible for what someone else might have said about Canada than the entire community of fiscal conservatives is responsible for some quote from Senator John Kyl.  

Of course none of this detracts from Krugman&#039;s real accomplishments.  But sometimes accomplished people say silly things, and in my opinion, Krugman&#039;s been saying a lot of them lately.</description>
		<content:encoded><![CDATA[<p>Observer:  Here is the exact point at which I disagree with you:</p>
<p><i>he then very briefly goes through each case suggesting why they don’t hold up as very good examples </i></p>
<p>The only argument that Krugman makes for Canada not being a good example is that somebody else might have used Canada as an example of something different.</p>
<p>This does not seem to me to be a good argument against Canada as an example.</p>
<p>Moreover, it seems to me that this argument fails in the same way that many of Krugman&#8217;s recent arguments fail:  He points to someone who has made a silly argument against extending unemployment benefits, refutes that argument, and acts as if this suffices to dispense with *all* arguments.  (I&#8217;ve given citations to this in previous blog posts.)   Reinhart/Rogoff are no more responsible for what someone else might have said about Canada than the entire community of fiscal conservatives is responsible for some quote from Senator John Kyl.  </p>
<p>Of course none of this detracts from Krugman&#8217;s real accomplishments.  But sometimes accomplished people say silly things, and in my opinion, Krugman&#8217;s been saying a lot of them lately.</p>
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		<title>By: observer</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8832</link>
		<dc:creator>observer</dc:creator>
		<pubDate>Mon, 26 Jul 2010 02:04:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8832</guid>
		<description>Dear Steve, 
  Thanks for your personalized reply.  I&#039;m not sure you&#039;ve understood the context or the point.  The context: R&amp;R&#039;s assert that, based on cross-country regression analysis, they find that when a country&#039;s debt/GDP ratio crosses a threshold X, growth slows. Many people, including Rogoff, are citing that statistical analysis to make dire predictions about rising interest rates and calamitous losses of market confidence as the US approaches that threshold.  Krugman&#039;s simple point is tha in their regression analysis only four OECD observations ever crossed that threshold and he then very briefly goes through each case suggesting why they don&#039;t hold up as very good examples (e.g. post WWII slowdown almost certainly due to mass demobilization and not to high debt).  

  Pretty basic points that any one with the most rudimentary of training in regression analysis could have made. 

  I&#039;ve really enjoyed reading your books and other writings and I normally admire them for their sophisticated sense of humor. But I fail to grasp your analogy/attempt at humor on this issue.  By most published quality-adjusted citation ranking systems (e.g. recursive impact rankings) Paul Krugman remains one of the most cited economists, and without a doubt so in the field of international trade.  The &#039;market&#039; of other well cited economists seems to rank him very highly.  Hence his Nobel Prize seems to rest on considerably more solid empirical evidence than this particular cross-country regression claim of R&amp;R.  You may wish that that were different, but the datapoints are what they are.</description>
		<content:encoded><![CDATA[<p>Dear Steve,<br />
  Thanks for your personalized reply.  I&#8217;m not sure you&#8217;ve understood the context or the point.  The context: R&amp;R&#8217;s assert that, based on cross-country regression analysis, they find that when a country&#8217;s debt/GDP ratio crosses a threshold X, growth slows. Many people, including Rogoff, are citing that statistical analysis to make dire predictions about rising interest rates and calamitous losses of market confidence as the US approaches that threshold.  Krugman&#8217;s simple point is tha in their regression analysis only four OECD observations ever crossed that threshold and he then very briefly goes through each case suggesting why they don&#8217;t hold up as very good examples (e.g. post WWII slowdown almost certainly due to mass demobilization and not to high debt).  </p>
<p>  Pretty basic points that any one with the most rudimentary of training in regression analysis could have made. </p>
<p>  I&#8217;ve really enjoyed reading your books and other writings and I normally admire them for their sophisticated sense of humor. But I fail to grasp your analogy/attempt at humor on this issue.  By most published quality-adjusted citation ranking systems (e.g. recursive impact rankings) Paul Krugman remains one of the most cited economists, and without a doubt so in the field of international trade.  The &#8216;market&#8217; of other well cited economists seems to rank him very highly.  Hence his Nobel Prize seems to rest on considerably more solid empirical evidence than this particular cross-country regression claim of R&amp;R.  You may wish that that were different, but the datapoints are what they are.</p>
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		<title>By: Steve Landsburg</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8822</link>
		<dc:creator>Steve Landsburg</dc:creator>
		<pubDate>Sun, 25 Jul 2010 15:37:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8822</guid>
		<description>Observer:  &lt;i&gt;Krugman was only just pointing out that Reinhart and Rogoff’s claimed causal relationship ...  is based on ... so few observations in fact that he could comment on each one individually in a relatively short blog post.&lt;/i&gt;

One could equally well say that Krugman&#039;s Nobel Prize is based on so few papers that it would be possible to comment on each one of them in a relatively short blog post:

Paper 1:  Ha ha.

Paper 2:  This is absurd.

Paper 3:  This contradicts something Hubert Humphrey once said.

I do not think that a blog post along those lines would be a useful contribution to any discussion.</description>
		<content:encoded><![CDATA[<p>Observer:  <i>Krugman was only just pointing out that Reinhart and Rogoff’s claimed causal relationship &#8230;  is based on &#8230; so few observations in fact that he could comment on each one individually in a relatively short blog post.</i></p>
<p>One could equally well say that Krugman&#8217;s Nobel Prize is based on so few papers that it would be possible to comment on each one of them in a relatively short blog post:</p>
<p>Paper 1:  Ha ha.</p>
<p>Paper 2:  This is absurd.</p>
<p>Paper 3:  This contradicts something Hubert Humphrey once said.</p>
<p>I do not think that a blog post along those lines would be a useful contribution to any discussion.</p>
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		<title>By: observer</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8821</link>
		<dc:creator>observer</dc:creator>
		<pubDate>Sun, 25 Jul 2010 14:28:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8821</guid>
		<description>Krugman was only just pointing out that Reinhart and Rogoff&#039;s claimed causal relationship between debt/GDP and growth past the magic 90% threshold is based on thin evidence -- so few observations in fact that he could comment on each one individually in a relatively short blog post.  Landsburg&#039;s taking a pea shot rather than facing the main argument that you can&#039;t and shouldn&#039;t hang a theory on 4 data point observations.</description>
		<content:encoded><![CDATA[<p>Krugman was only just pointing out that Reinhart and Rogoff&#8217;s claimed causal relationship between debt/GDP and growth past the magic 90% threshold is based on thin evidence &#8212; so few observations in fact that he could comment on each one individually in a relatively short blog post.  Landsburg&#8217;s taking a pea shot rather than facing the main argument that you can&#8217;t and shouldn&#8217;t hang a theory on 4 data point observations.</p>
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		<title>By: Steve Landsburg</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8819</link>
		<dc:creator>Steve Landsburg</dc:creator>
		<pubDate>Sun, 25 Jul 2010 13:34:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8819</guid>
		<description>Vivi:  Thanks.   I&#039;ll fix this now.</description>
		<content:encoded><![CDATA[<p>Vivi:  Thanks.   I&#8217;ll fix this now.</p>
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		<title>By: Tony Cohen</title>
		<link>http://www.thebigquestions.com/2010/07/24/weekend-roundup-30/comment-page-1/#comment-8816</link>
		<dc:creator>Tony Cohen</dc:creator>
		<pubDate>Sun, 25 Jul 2010 10:48:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4065#comment-8816</guid>
		<description>Of course, I do understand what you are saying, just as a linguist, &#039;they&#039; is perfectly appropriate in this context, especially in terms of the narrative/discourse that has been previously established.</description>
		<content:encoded><![CDATA[<p>Of course, I do understand what you are saying, just as a linguist, &#8216;they&#8217; is perfectly appropriate in this context, especially in terms of the narrative/discourse that has been previously established.</p>
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