Don Boudreaux on How Not to Be Fooled by Stats

From the Christian Science Monitor, “Statistics can mislead as easily as they can enlighten.”



2 Responses to “Don Boudreaux on How Not to Be Fooled by Stats”

  1. Nice article.

    I’m reminded of Bjorn Lomberg’s example of statistical misinterpretation. World per capita consumption of grain is falling. Bad news, right? People must be consuming less?

    No. People in developed countries (essentially constant population) already have sufficient grain (little growth in consumption). People in LDCs (growing population with lower but growing consumption) are consuming more. And world average cosumption is falling all the while.