Data-Driven Analysis Quotes

Anything that makes us take more seriously scientists - or economists or chemists or physicists or biologists - I think is helpful in times when things get distorted because of people not paying attention to all the facts.

We liked to think that polling and political analysis had become scientific, but this campaign changes all that.

The great tragedy of Science --- the slaying of a beautiful hypothesis by an ugly fact

Climate ... models bear about as much relation to reality as astrology.

There is no such thing as quantitative economics.

If done correctly, dynamic scoring will provide a more complete picture of Congress's actions. This is exactly the type of modeling the private sector uses, and advances in data collection and analysis create an opportunity for it to be employed accurately.

You have a natural tendency to want an emotionally satisfying tale - and to make investments based on that - despite times when the actual data may be telling you something different.

To the scientist, failure to flip-flop in the face of contradictory evidence is irrational and dangerous behavior. And scientists will often flip-flop at almost light speed. Often it takes only a single observation to flip-flop thousands of scientifically learned people.

Pundits are no better at forecasting election outcomes than they would be at predicting the final path of a hurricane. Smart pundits should consider either abandoning this activity or consulting with the geeks before rendering their guesses.

The inquiry into Nature having thus been pursued nearly two thousand years theologically, we find by the middle of the sixteenth century some promising beginnings of a different method the method of inquiry into Nature scientifically the method which seeks not plausibilities but facts.

What I'm pushing for is an economic discipline that will be closer to other social sciences; in particular, we should be more pragmatic about the methods that we are using instead of pretending that we have our own scientific apparatus with very sophisticated mathematic models that distinguish us from sociologists and historians.

Knowledge in the Internet Age - networked knowledge - is becoming more like what knowledge has been in the past few hundreds years for scientists: it's provisional; it's a hypothesis that is waiting to be disproved.

I'm the type of person who responds to facts.