Discrimination: The “Good” & The Bad

We "discriminate" every day. But there are types of discrimination. Not all are bad... In the car, tune your radio to NPR,  go to CNN.com on your phone, read The New York Times on your tablet, or watch MSNBC at home on the couch and you will be bombarded with urgent reminders of rampant discrimination [...]

Life is Complicated, SO DON’T LEAVE OUT VARIABLES!

Economists have a term for when important variables are left out of an analysis: OMITTED VARIABLE BIAS.Solutions that result from such analyses are bound to fail because they leave out crucial pieces of information. One of the most famous examples of this is the "Gender Pay Gap," but there are many more, unfortunately.Life is complicated. [...]