(cache)Matt Berkley on Twitter: "To UK MPs' committee chair, 2003: "economists claim/gains/to poor people without/the price of food...All of the World Bank’s major research conclusions (“Assessing Aid”; “Growth is Good...”; “Globalisation, Growth and Poverty”; and...income inequality) suffer from these flaws."… https://t.co/inPg5yNKkX"

Andrew M. Fischer‏ @AndrewM_Fischer Feb 7

Fantastic blog on his new paper, Servaas Storm takes down the (in)famous paper by Besley and Burgess with replication test that demonstrates the opposite of what they argued. Must read. @CriticalDev @Jayati1609 The Bogus Paper that Gutted Workers’ Rightshttps://www.ineteconomics.org/perspectives/blog/the-bogus-paper-that-gutted-workers-rights…

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Andrew M. Fischer‏ @AndrewM_Fischer Feb 7

"The paper of Besley and Burgess (2004) thus suffers from fatal errors of omission and commission. The paper, written by two 'useful economists,’ exhibits a gratuitous empiricism in which priors trump evidence…"

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Andrew M. Fischer‏ @AndrewM_Fischer Feb 7

"The fundamental flimsiness of approach and findings of this body of work stands in stark relief to its more than sweeping, and socially costly, public policy recommendations to abolish pro-worker labor regulation."

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Andrew M. Fischer‏ @AndrewM_Fischer Feb 7

"As the example of Besley and Burgess (2004) illustrates, the social and economic damage caused by wrong-headed policy advice to millions of manufacturing workers can be substantial.” @sanjaygreddy @mattberkley @andypsumner

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Matt Berkley‏ @mattberkley Feb 7

Replying to and

"what I want to emphasize here is that this high-profile paper is by no means the only one to fail the replication test and/or break down after closer scrutiny. The problem is endemic in economics..."

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Matt Berkley‏ @mattberkley

Replying to @mattberkley @AndrewM_Fischer and

To UK MPs' committee chair, 2003: "economists claim/gains/to poor people without/the price of food...All of the World Bank’s major research conclusions (“Assessing Aid”; “Growth is Good...”; “Globalisation, Growth and Poverty”; and...income inequality) suffer from these flaws."

11:35 AM - 7 Feb 2019

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