The data are what matter in economics, and the more…
“The data are what matter in economics, and the more ruthlessness that an economist can summon to make sense of the data, the more useful his findings will be.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Economists must be ruthless with data to produce valuable insights.
In simple terms: Harsh data analysis yields useful results.
Apply rigorous analysis to data.
Themes
Mood
Type
When to use this quote
- policy making
- research
- business strategy
- academic work
Key Concepts
Questions to Reflect On
- When is data analysis too harsh?
- How balance rigor with empathy?
Ruthlessness can ignore ethical concerns.