The Collected Works of Ludwig von Mises

A friend of mine named Ash Navabi recently mentioned: Everyone knows I’m a big fan of the economist Ludwig von Mises. One great thing is that nearly everything Mises ever wrote is available for free online. But what’s always frustrated me was the fact that there was no single, complete, comprehensive source that collected all … Read more The Collected Works of Ludwig von Mises

Kitchen Sink Regression and Horse Racing

I recently had a paper rejected due to the use of parameter horse racing and kitchen sink regression. This article describes a critical issue with that rejection criteria. A kitchen sink regression occurs when an analyst takes all available data and regresses it against some dependent variable. This risks overfitting where relationships are found in … Read more Kitchen Sink Regression and Horse Racing