13 Comments
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Helen Dale's avatar

Entire disciplines are in the process of being destroyed by this sort of thing. Still, well done to you for making sure everyone knows (disclosure: previous employment in the legal end of corporate finance).

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SCA's avatar

“My job is to make you care, by explaining this scandal in a digestible way.”

Performance review: Fulfills all expectations. Goes above and beyond.

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Ted's avatar

Plenty of reasons to care very deeply, but you've made that caring a bit more comprehensible.

The response you received to your EJMR comment, encapsulates the effect of the meta-problem of dataset "adjustments" throughout every type of research.

Credentials do not obviate naked self-interest. On the contrary, they enhance the pursuit of wealth and influence; it is their raison d'etre.

The fashionable assumption that those bestowing credentials concurrently bestow probity upon the recipient, is risible.

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JT's avatar

Let us all fake some results to get publications and then tenure. Let's worry about being caught later.

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WJM's avatar

I likely missed it, but, while I understand the nature of the fraud and the implications on subsequent papers etc., I don’t understand what exactly it was that BBW claim to have proved or demonstrated that now needs to be scrapped. Is there a simple summary of what it was that everyone got excited about in their original paper? Did they purport to show something about bond returns that is not true?

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Christopher Brunet's avatar

> I don’t understand what exactly it was that BBW claim to have proved

Whether or not downside risk is a strong predictor of future bond returns. It isn't!

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Rick Brunet's avatar

Well done Chris. Thank you for all your work.

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Green Leap Forward's avatar

Nicely done!

The studies in support of so-called protected bikeways suffer from similar fraud.

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Running Burning Man's avatar

You should elaborate on that. It sounds like a potential risk of the so-called “meta analysis” referred to by one of the objectors to Coleman _______ on The Free Press recent piece on his TED talk kerfuffle.

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Running Burning Man's avatar

Coleman Hughes.

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Green Leap Forward's avatar

Working on it, but it's been time consuming https://principledbicycling.substack.com/

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Mystic William's avatar

I am appalled at this. First, that it was done. Second if Georgetown tries to sweep this under the rug every donor should pull funding. I have to think though, three white guys doing this? How soon would they be fired?

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Richard Kuslan's avatar

Bravo!

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