Most of these terms are pejorative, reflecting the fact that it is mostly critics of an ideological framework who feel the need to define it and analyze it.
it is an open secret in econometrics that such tests mean very little, since the same set of time series data that suggests a given hypothesis must be used to test it. This is quite unlike the biomedical problems for which the statistical theory of significance was developed, where a hypothesis is developed first, and then an experiment is designed to test it.
Arguments against rewarding failure were forgotten when it came to CEOs. In case after case, failed CEOs have been rewarded with payouts running into millions, or even tens of millions, of dollars. Meanwhile the workers whose jobs were lost due to the incompetence of these CEOs were lucky to receive a few weeks’ pay.
complex option appears to offer greater net benefits. A similar point
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