Monday, August 16, 2010

Mostly Harmless Econometrics, by Joshua D. Angrist and Jőrn-Steffen Pischke

Nothing made me despair of my chances as an economist more than reading this book. Following two courses in statistics and two courses in econometrics, it still was mostly worthless combinations of letters to me. I feel like this book undid much of the econometrics knowledge I had previously accumulated. Like Billy Madison's closing speech, I'm now dumber for having read this book. And like Billy's principal, I award the authors no points, and may God have mercy on their souls.

Rating: one and a half out of seven giant inflatable monkeys.

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