On the accuracy of economic observations
Material type:
- 330.028 MOR 2nd ed.
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Gandhi Smriti Library | 330.028 MOR 2nd ed. (Browse shelf(Opens below)) | Available | 6002 |
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In this new edition, Professor Morgenstern vividly reinforces his appeal for greater awareness of the possibilities for error in published economic statistics.
According to the author, vast amounts of money and effort are wasted and economic policy is often misdirected because of unreliable and mislea ling economic statistics.
While Professor Morgenstern does not pretend to have an easy solution for the problem of obtaining basic data, he encourages greater honesty-in the pro duction and publication of statistics, and sounder understanding of the actual nature of the data on the part, of users.
"Sharp-edged, deflating and often entertaining study."--Scientific American
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