ArchiveApril 2019

Idea that rich people have lots of debt was due to a simple Stata error

There but for the grace of God go I: Back in January, the Urban Institute—a widely respected Washington think tank—published a statistic about student debt that pretty soon caught fire among economics journalists. Based on an analysis of federal data, its researchers concluded that 49 percent of all outstanding education loans belonged to highest-earning quarter of American households. In other...

Educational RCT’s are uninformative

From the abstract: There are a growing number of large-scale educational randomized controlled trials (RCTs). Considering their expense, it is important to reflect on the effectiveness of this approach. We assessed the magnitude and precision of effects found in those large-scale RCTs commissioned by the UK-based Education Endowment Foundation and the U.S.-based National Center for Educational...

About me

Stephen

Professor and quant guy. Libertarian turned populist Republican. Trying to learn Japanese and play Spanish Baroque music on the ukulele.

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