Why Economic Models Can’t Provide a Realistic Picture of Human Behavior

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While in the natural sciences a laboratory experiment can isolate various elements and their movements can be followed through, there is no equivalent in the economic discipline. The introduction of econometrics and model building is an attempt to produce a laboratory where controlled experiments can be conducted.

The Bogus January 6 Commission Poses a Real Threat to Freedom

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“Truth will out” is the most popular fairy tale in Washington. Members of Congress are clashing over whether politicians will appoint an “independent” commission to reveal the facts behind the January 6 Capitol ruckus. Proponents are portraying the issue as a simple choice between “truth or Trump.”