“The main measure of economic activity, GDP, counts housework when it is paid, but excludes it when it is done free of charge. This is an arbitrary distinction, and leads to perverse outcomes. … The usual defence is that measuring unpaid work is hard.” The perverse outcomes are in many ways visited upon women,… Continue reading It’s not work if you don’t get paid for it
March 2016
What’s the value of this value?
“`The p-value was never intended to be a substitute for scientific reasoning,’ the ASA’s executive director, Ron Wasserstein, said in a press release.” Note that p-values are metrics, measures of a particular probability under certain assumptions. As usual, the Goal – Question/Signal – Metric framework is appropriate: the goal would be to determine, say,… Continue reading What’s the value of this value?