Source: Cobden Centre
by Dr. Frank Shostak
“In order to make the data ‘talk,’ economists utilize a range of statistical methods that vary from highly complex models to a simple display of historical data. It is generally held that by means of correlations, one could organize the historical data into a useful body of information, which in turn could serve as the basis for the assessment of the state of the economy. Things are however, not as straightforward as they seem to be.” (01/29/26)
https://www.cobdencentre.org/2026/01/making-sense-of-historical-data/