The Illusion of Work
Russ and Ed discuss the illusion of productivity in the field of economics, highlighting the distinction between the process and the outcome of work. They explore how the process of analyzing data sets and engaging in theoretical manipulations can help economists think clearly and form judgments, despite the final results often being irrelevant.In this clip
From this podcast
EconTalk
Ed Leamer on the State of Econometrics
Related Questions
What studies support a focus on the process rather than the outcome?
In companies or schools, are we judged more by our results than by the process? What should we do about that in the context of the episode Jo Boaler: How to Learn Math | Lex Fridman Podcast #226 and the clip Rethinking Math Education?