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by grumple
2085 days ago
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Correlation might not prove causation (is anything in economics proveable?) but it does strongly suggest a relationship. It doesn’t take fanciful thinking to theorize a relationship here. It might be that both greater numbers of lawyers and lower economic activity are caused by something else (like more regulation), or that lower economic activity creates more lawyers. |
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Observational studies like this are not sufficient to answer these sorts of questions even if you can use them to come up with cute, cheeky headlines.