Chris Stirewalt on the Dispatch Podcast says, "The underlying problem … is that we haven't added any members to the House of Representatives for more than 100 years." He's right, but the issue goes ...

We use the term “ratio problem” to describe the omitted variable and measurement error bias that can arise when a ratio is the dependent variable in an economic ...

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Investors and traders like to follow the cyclically-adjusted price-earnings ratio (CAPE), a measure of stock market value popularized by Nobel prize winning economist Robert Shiller. CAPE is ...