I bought a chicken sandwich tonight. Tried to pay with social cohesion and solidarity. The guy who sold me the sandwich wasn’t having it. Had to use money.
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Cool, now explain japan.
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Japan also requires money in exchange for chicken sandwiches.
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This is really the fundamental problem with a lot of social science stat work; if a model is presented it is probably underdefined/has incorrect functional form. And results focus on stat significance when they should focus on explanatory power of the IV in question.
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That is a bad summary of the literature. Bad literature reviews are also a problem.
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An analogy gone wrong.
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High levels of trust in public and private institutions correlates w less government control of economic and social life. Huge implications for libertarian ideashttps://reason.com/2019/03/09/everyone-agrees-government-is/ …
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In that research, it’s just as likely that market institutions —> trust. Most of the IVs violate the exclusion restriction.
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