From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Wed May 03 2006 - 09:34:39 EDT
> I recommend: > "Robust correlations between prices and labour values: a comment" by > W. Paul Cockshott and Allin Cottrell in Cambridge Journal of Economics > 2005, 29, 309-316 > "The paper addresses Kliman's criticisms of the observed correlations between > prices and labour values. It argues that the notion of spurious correlation is not > relevant in this case. It examines Kliman's own simulations and shows that his > statistical correction techniques involve dividing through by the signal to > leave the noise." (my emphasis) > It is clear like water to me. Alejandro, Paul and Allin, A question: is "dividing through by the signal to leave the noise" a common or uncommon problem in articles published by scholarly journals? Are there any other examples that you can think of from heterodox economics or Marxian journals? In solidarity, Jerry PS: Alejandro, to say "it is clear as water" to not so clear nowadays in an epoch of history in which much of the world's water supply is polluted. Water often _appears_ to be clear to the naked eye but an examination under a microscope or a chemical analysis will often reveal something less clear.
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