Econometrics as a con art : exposing the limitations and abuses of econometrics

Contents: 1. The nature and evolution of econometrics -- 2. Components, functions and related disciplines -- 3. Econometrics as a science -- 4. The laws of economics and science -- 5. Econometric analysis: loopholes and shortcomings -- 6. Criticism of econometrics: Keynes, Leamer, Lucas and the Austrians -- 7. Stir-fry regressions as a con job -- 8. Cointegration analysis: principles and fallacies -- 9. Cointegration analysis: applications and illustrations -- 10. Sensitivity and insensitivity of empirical results -- 11. The forecasting fiasco -- 12. Concluding thoughts -- Index