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MIT News – “A billion prices can’t be wrong, by Tim Harford” – The Billion Prices Project

MIT News – “A billion prices can’t be wrong, by Tim Harford”

In the dying days of 2015 came news to set any geek’s pulse racing: the declaration of a “statistical emergency” by Mauricio Macri, the new president of Argentina. Macri’s move enabled Jorge Todesca, head of the statistics bureau, to suspend publication of some basic economic data.

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