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Journal of Economic Literature 34: 97–114, 1996. Description: Emphasizes the difference between statistical significance and economic significance, and shows that the understanding is not clear in a review of papers from The American Economic Review. Importance: Raised the caution against "asterisk economics" in econometrics to another level.
The 1820s was a decade of the Gregorian calendar that began on January 1, 1820, and ended on December 31, 1829.. It saw the rise of the First Industrial Revolution. Photography, rail transport, and the textile industry were among those that largely developed and grew prominent over the decade, as technology advanced significantly.
July 17: Death of John Coltrane, American jazz saxophonist, clarinettist and composer. August 8: Association of Southeast Asian Nations (ASEAN) founded. May 26: The Beatles release their landmark album Sgt. Pepper's Lonely Hearts Club Band. October 21: The March on the Pentagon becomes a major event in public opposition to the Vietnam War
Buffett deemed this quip “the 10 most important words in the history of economics,” he told billionaire Dan Gilbert during an interview at the Detroit Homecoming event at the College for ...
In the realm of African-American literature, Ralph Ellison's 1952 novel Invisible Man was instantly recognized as among the most powerful and important works of the immediate post-war years. The story of a black Underground Man in the urban north, the novel laid bare the often repressed racial tension that still prevailed while also succeeding ...
Last week, the crucial August jobs report offered the latest evidence the US labor market continues to slow, with the US economy creating 187,000 new jobs last month while the unemployment rate ...
The English-literature chapters begin with Old English poetry and end with the late Victorian era. Coverage of American literature ranges from colonial and revolutionary periods through the early twentieth century. A. W. Ward and A. R. Waller were the joint editors-in-chief of the 14 volumes (with an additional index volume) on English ...
A survey of economic historians in 1995 show that the vast majority concur with Temin's conclusion that "the inflation and financial crisis of the 1830s had their origin in events largely beyond President Jackson's control and would have taken place whether or not he had acted as he did vis-a-vis the Second Bank of the U.S." [98]