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Originally Posted by GarthB
Some time back, economists, in particular, as well as pychologists theorized that the rules, observed behavior and "models" of their fields applied to all other areas of life. Despite being warned against this trend by some of the greats of their fields, off they went yelling, "Stats are stats."
Unfortunately, even though the results of many such studies have been debunked by the real experts in the field and the fact that many leading and Nobel winning economists continue to disown the practice, it is now being taught in some Universities that "econometrics" can be applied to every behavior in every field, and, as we have seen in this thread, graduate students of econonmics are writing their theses on most any subject but economics.
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It's interesting to note that statistical analysis was applied by 2 others venturing outside their own fields to come up with a completely opposite (and disgraceful IMO) view.
http://en.wikipedia.org/wiki/The_Bell_Curve
I'm wondering how many would defend the results of that work as quickly as they would Hamermesh's results?