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if ou just look at the last five or sic years the laboue market and up tp point growth loks different. (Not the development of wages)

That is important because as far as I know nobody in Germany claims that the german model or whatever was successfull until 2006 or so.

There's a term in applied statistics for selecting arbitrary subsets of your data ex post and attempting to make inferences based on them. It's called a fishing expedition. If that epithet sounds derogatory, then that's because it is.

The figure below illustrates why you should not go on fishing expeditions:


(h/t: Greg Laden)

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Feb 3rd, 2012 at 08:27:07 PM EST
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