Re: the superiority of economics ...

[Jay Hecht <JayHecht@xxxxxxx>]

In a message dated 97-12-13 02:51:14 EST, you write:

<<  But it is also true that many PoliSci departments are
 quantitatively oriented, and in those cases, it may well be that the
 analytic rigour of economics has made a major contribution to fuzzy-minded
 regressions and factor analyses.
  >>
Fuzzy-minded regressions and factor analyses?

Last time I looked the "normal eqautions" for LS's and the "varimax"
algorithms looked pretty determinant to me!  Only kidding...  For those of us
who have to be "piano players in the brothel," econometrics can used in
interesting ways, for example, to model "customer value."  I don't know about
poly sigh, but market research people use a bunch of "fuzzy headed" techniques
(e.g. ordered probit) and, from my limited experience, get some damn
interesting results!

BTW, I became an econ major because it was the only dept where I could study
Marx (this was at a small state college in upstate NY!).

Happy estimating!

jason