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Data Geeks Are Taking Over Economics


Stashed in: Economics!, Big Data!, Awesome, Freakonomics, Machine Learning

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Theoretical economics was always the top dog, but data is taking over.

With data taking over this could be a new, better era of economics with machine learning doing the heavy lifting. 

At least the ML equations will have something to do with reality, even if they're busy overfitting?

They probably do overfit, but yeah, this seems more attached to reality.

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