Stephen Ziliak has spent much of his illustrious career in economics examining the significance of significance – that is the statistical test of significance. It turns out how this test is applied has real-world impacts and often not good ones. Apparently, the statistical test all started on a high with Gosset and Guinness, but then its application went downhill from there.
The Mint talked to Stephen in Chicago to find out more and why haiku poetry might be the answer.