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#31
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Something More Upbeat
On Jul 27, 5:59 pm, "
wrote: On Jul 27, 5:48 pm, Ryan Cousineau wrote: wrote: http://www.washingtonmonthly.com/arc..._07/011682.php Hmmm. OTOH, it appears to have some data density. I'll take it! I think the WSJ line looks dumb, but I'm pretty sure Mark Thoma's line isn't a whole lot better, maybe worse. I'll concede that this is better evidence for the Laffer Squiggle than the Laffer Curve. Mark Thoma's line uses fewer free parameters and runs closer to the data points. Also, he probably constrained it to go close to (0,0), since that point is fixed. Anyone got the actual data table? You like apples with your oranges? |
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#32
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Something More Upbeat
Howard Kveck wrote:
Speaking of graph smoothing: http://www.washingtonmonthly.com/arc..._07/011682.php Why does that remind me of a podium girl I checked recently ? |
#33
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Something More Upbeat
On Jul 27, 5:48 pm, Ryan Cousineau wrote:
In article . com, wrote: On Jul 27, 7:55 am, Howard Kveck wrote: Speaking of graph smoothing: http://www.washingtonmonthly.com/arc..._07/011682.php Hmmm. OTOH, it appears to have some data density. I'll take it! I think the WSJ line looks dumb, but I'm pretty sure Mark Thoma's line isn't a whole lot better, maybe worse. I decided you're right -- it is worse. It looks like a linear regression. Using linear regresssion on something that is curved (by definition) is lame. Bad data, mixed data, bogus process... it makes plain old doctored data not look so bad. lol |
#34
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Something More Upbeat
On Jul 28, 12:57 am, Donald Munro wrote:
Howard Kveck wrote: Speaking of graph smoothing: http://www.washingtonmonthly.com/arc..._07/011682.php Why does that remind me of a podium girl I checked recently ? http://groups.google.com/group/rec.b...tit+cu rve%22 |
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