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First published in 1951, and originally delivered as the Newmarch Lectures for 1948-9, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone, who went on to win the Nobel Prize in Economics, divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction. This book will be of value to anyone with an interest in economics and the development of the discipline.

Produktbeschreibung
First published in 1951, and originally delivered as the Newmarch Lectures for 1948-9, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone, who went on to win the Nobel Prize in Economics, divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction. This book will be of value to anyone with an interest in economics and the development of the discipline.
Autorenporträt
For the past thirty years, Richard has been assisting organizations across the country to tell their story better. As CEO of StoryWork International, he has been pioneering new approaches to bringing the practical applications of storytelling into all facets of business, healthcare, education, and society. In the healthcare sector, he's the co-creator of StoryCare, a web-based product to help healthcare organizations improve patient safety and help educators better prepare nurses and doctors. Richard also created the LivingStories program for Novant Health, which facilitates patients' telling their life stories to improve their health outcomes. He codeveloped the award-winning board game Pitch-A-Story and is a recognized national speaker in addition to authoring numerous books. When Richard is not writing or telling stories, he is an accomplished visual artist, and you can see some of his work at www.richardstoneart.com. He earned a MS in clinical psychology from Peabody College at Vanderbilt University.