<i>‘. . . every central bank should have a copy of Moosa’s book, even if it means it has to be read by the resident economist and statistician.’</i>
- Central Banking,
<i>'Professor Moosa argues that the dominance of econometrics has damaged economics as a discipline. I entirely agree. Moosa is refreshingly blunt: ''(econometrics) is a con art that can be used to prove almost anything''. Any applied economist concerned about the low regard in which our discipline is held should read this lively and hard-hitting critique.' </i>
- Peter Swann, Nottingham University Business School, UK,
'Econometrics as a Con Art <i>is the best book I have read for a long time. Economists are fond of hailing econometrics as a major success, but it has achieved nothing of value. The truth is that beneath its ''sciency'' veneer economists regularly use econometrics to produce stir-fry regressions that can prove any nonsense. They can prove that eating margarine leads to more divorces or that more guns lead to fewer homicides. They can use it to prove or debunk any proposition, they can prove the obvious, they can prove what cannot be true and they can test the untestable. In this wonderful book Imad Moosa brilliantly debunks this industry for the junk science scam that it is. Every economist should read it but please not as a how-to manual. It is high time economists took the con out of econometrics; we have all suffered long-enough.'</i>
- Kevin Dowd, Durham University, UK,