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The Demand for Money in the United Kingdom 1956‐1967: Preliminary Estimates. A Comment.
Author(s) -
Masera Rainer S.
Publication year - 1971
Publication title -
the manchester school
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.361
H-Index - 42
eISSN - 1467-9957
pISSN - 1463-6786
DOI - 10.1111/j.1467-9957.1971.tb00372.x
Subject(s) - nothing , economics , quality (philosophy) , work (physics) , positive economics , epistemology , philosophy , engineering , mechanical engineering
“We must never forget that our progress in understanding economic laws depends strictly on the quality… of statistical data. Nothing can take the place of the painstaking work of objective observation of the facts. All improvements in methodology would be in vain if they had to be applied to mediocre data”.*