Economics and Philosophy

Essays

The Logic of Causal Inference: Econometrics and the Conditional Analysis of Causation

Kevin D. Hoovera1

a1 University of California, Davis

Discontented people might talk of corruption in the Commons, closeness in the Commons and the necessity of reforming the Commons, said Mr. Spenlow solemnly, in conclusion; but when the price of wheat per bushel had been the highest, the Commons had been the busiest; and a man might lay his hand upon his heart, and say this to the whole world, – ‘Touch the Commons, and down comes the country!’