Quotes About Analysis

Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.

Attention to detail - Sherlock certainly has that, and my memory is pretty good - but not as good as his.

Economic forecasting has actually got pretty good over the years, though admittedly, we don't always get it right.

If there's one thing, I've been pretty good at evaluating people.

In economics, it is easier to agree on the data than to agree on causality.

Some of the best theorizing comes after collecting data because then you become aware of another reality.

With big data comes big responsibilities.

A lot of people seem to think that data science is just a process of adding up a bunch of data and looking at the results, but that's actually not at all what the process is.

Big data in education has huge potential to improve learning materials.

As a scientist, you're not supposed to make decisions without the data.

The falsification of scientific data or analysis is always a serious matter.

The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day.

I collect a lot of data. We all do.

The world that our children living in is going to be completely different because of big data.

The biggest challenge in big data today is asking the right questions of data. There are so many questions to ask that you don't have the time to ask them all, so it doesn't even make sense to think about where to start your analysis.

Big data sets are never complete.

I find it easier to approach things from a critical angle that otherwise may seem daunting because I'm used to being scared.

Comedy is good at analysing and dealing with evil because it doesn't present it as evil but a collection of banalities.

I should add that it is open to debate whether what we call the writing of history these days is truly scientific.

Every day we go over data and use science and data to drive policy and decision-making.

When better business decisions are made, economists won't make them.

I want people to become more comfortable with deeper looks at the things that they love. It doesn't mean that you have to stop loving them, it just means that you have a more complete understanding of them.

It hasn't been for a lack of trying. But we really have to analyze in a deeper way why we have these problems - at least at the state level - electing an African-American.

I study my competition for at least an hour a day. I get on the Internet, I look at what they doing, and then I look at ways to defeat them. I know their mixtapes track-by-track. I know some of their lyrics.