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Economists Can Change Minds with Data
How can economists make a difference in the world? One way is by changing minds with data, said Abigail Wozniak at the Women in Economics Symposium earlier this year. Wozniak, who is the director of the Minneapolis Fed’s Opportunity & Inclusive Growth Institute and a senior research economist, began her keynote presentation by providing her definition of economics. As she put it in her presentation slides, economics is “a practice of using theory, data, and observation to interpret human behavior… while allowing that one or more of these could be wrong.” During her remarks, Wozniak gave examples that she said ... (full story)