Author Archives: Meng Hu

Bad experience at MDPI (J. Intell.) journal

After OP journal, here, I had problems with MDPI (J. Intell.) as well. Since I have decided not to publish at OP, my Wordsum article had to be published somewhere. I thought about MDPI because it is the one that … Continue reading

Posted in Miscellaneous | Tagged

Pop Internationalism (Paul Krugman 1996)

In Pop Internationalism, Krugman defends international trade. Several ideas are put forward. The shrinking in manufacturing sectors (and its related jobs) has domestic causes, in particular the growing share of the sectors of services in the GDP. International trade with … Continue reading

Posted in Economics | Tagged

The Great Depression in Britain (1873-1896) : the Myth that Deflation Lowers Economic Growth

The problems of the Great Depression (1873-1896) have been falsely to secular declines in prices. To begin, it was not clear there were any troubles during this period and even if it was the case, they were of trivial importance. … Continue reading

Posted in Economics | Tagged

An account of the good deflation in the American economy of 1870s-1890s

The american economy in the 1873-1896 is usually portrayed as the Great Depression of 1873-1896 (Wikipedia). But to say this is a myth is not very far from the truth (Higgs, 1971; Catalan, 2011). One feature of this period is … Continue reading

Posted in Economics | Tagged

The Bell Curve, 20 years after

Or nearly so. I was planning to publish that blog article for the 31th December 2014. As you can see, I failed in this task, and didn’t finish in the right time. Anyway, I wrote this article, mainly because I … Continue reading

Posted in Behavioral Genetics, Book Review, Psychometrics | Tagged

The Use of Tobit and Truncated Regressions for Limited Dependent Variables

The OLS regression is a widely applied technique, and many variants of the classical regression exist. Among them, are the tobit and truncated regressions. Their use is recommended when the dependent (Y) variable is constrained in some ways. Both have … Continue reading

Posted in Stats

How to calculate and use predicted Y-values in multiple regression

I was planning to publish this article after my paper on the black-white vocabulary gap in the GSS is released, but I have changed my mind. So, here, I will explain how to use the so-called “Yhat” or predicted values … Continue reading

Posted in Stats, Stats, Softwares, Syntax | Tagged

The 1920-1921 Depression and Recovery

Let’s recall the story. Some austrian economists (Woods, 2009; Powell, 2009; Murphy, 2009) claimed that Warren Harding cut the taxes, and by this has promoted the economic recovery. But Kuehn (2010) challenges this view. Kuehn (2012) believes that it was … Continue reading

Posted in Economics | Tagged

Historical evidence of anti-Gresham’s Law

The book Good Money (Selgin, 2008) already showed us that the idea of Gresham’s law as a natural feature of free market is just plain wrong. Historical evidence of anti-Gresham’s law is so rare that it is even more important … Continue reading

Posted in Economics | Tagged

Get (not so easily) introduced to R

I dislike R, unlike some other softwares I use, such as SPSS and Stata. It’s extremely error prone. But it’s free, and can do almost everything (e.g., a few things Stata cannot do and a lot of things SPSS/AMOS cannot … Continue reading

Posted in Softwares, Stats, Syntax