Data Quote by Stephen J. Dubner
“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
Source Book: Freakonomics, 2005
Economists must be ruthless with data to produce valuable insights.
In simple terms: Harsh data analysis yields useful results.
Key Takeaway
Apply rigorous analysis to data.
Themes
economics
analysis
rigor
Mood
analytical
serious
Type
academic
practical
When to use this quote
- policy making
- research
- business strategy
- academic work
Key Concepts
methodology
objectivity
Questions to Reflect On
- When is data analysis too harsh?
- How balance rigor with empathy?
A Different Perspective
Ruthlessness can ignore ethical concerns.
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