Business Booming in Empirical Economics

Many had pronounced the field of economics discredited after the global financial crisis. Instead, itâ??s in the midst of a revolution. The transformation isnâ??t a mea culpa, or a knee-jerk reaction to the crisis. Rather, itâ??s a long-running shift toward a more empirical field, to the study of what hard data can tell us about the way the world really works. . .