P-hacking, Reproducibility & the Nobel Prize: Guido Imbens (#269)

Into the Impossible With Brian Keating

Brian Keating

Science, Physics, Natural Sciences

4.7 • 1.1K Ratings

🗓️ 30 October 2022

⏱️ 125 minutes

🔗️ Recording | iTunes | RSS

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Summary

Guido W. Imbens, along with David Card and Joshua Angrist, shared the 2021 Nobel Prize in Economics for “methodological contributions to the analysis of causal relationships”. In 2017 he received the Horace Mann medal at Brown University. An honor shared by your host Professor Brian Keating. He is The Applied Econometrics Professor of Economics at the Stanford Graduate School of Business since 2012, and has also taught at Harvard University, UCLA, and UC Berkeley. He holds an honorary degree from the University of St Gallen. He is also the Amman Mineral Faculty Fellow at the Stanford GSB. Imbens specializes in econometrics, and in particular methods for drawing causal inferences from experimental and observational data. He has published extensively in the leading economics and statistics journals. Together with Donald Rubin he has published a book, "Causal Inference in Statistics, Social and Biomedical Sciences”. He is a fellow of the Econometric Society, the Royal Holland Society of Sciences and Humanities, the Royal Netherlands Academy of Sciences, the American Academy of Arts and Sciences, and the American Statistical Association. He holds an honorary doctorate from the University of St. Gallen. In this episode, Professor Imbens give his lecture on his Nobel Prize-winning thesis. See the video with the slides here: https://youtu.be/X632K3n8PPI Watch the video with slides here: https://youtu.be/q1cPyE9rAD4 Connect with me: 🏄‍♂️ Twitter: https://twitter.com/DrBrianKeating 📸 Instagram: https://instagram.com/DrBrianKeating 🔔 Subscribe: https://www.youtube.com/DrBrianKeating?sub_confirmation=1 📝 Join my mailing list; just click here http://briankeating.com/list ✍️ Detailed Blog posts here: https://briankeating.com/blog.php 🎙️ Listen on audio-only platforms: https://briankeating.com/podcast Subscribe to the Jordan Harbinger Show www.jordanharbinger.com/podcasts for amazing content from Apple’s best podcast of 2018! Can you do me a favor? Please leave a rating and review of my Podcast: 🎧 On Apple devices, click here, https://apple.co/39UaHlB scroll down to the ratings and leave a 5 star rating and review The INTO THE IMPOSSIBLE Podcast. 🎙️On Spotify it’s here: https://open.spotify.com/show/2G3PRMUhxGQkyQzLiiCqlf?si=8656119458df4555 🎧 On Audible it’s here : https://www.audible.com/pd/Into-the-Impossible-With-Brian-Keating-Podcast/B08K56PXJX?action_code=ASSGB149080119000H&share_location=pdp&shareTest=TestShar Other ways to rate here: https://briankeating.com/podcast - Support the podcast on Patreon https://www.patreon.com/drbriankeating or become a Member on YouTube- https://www.youtube.com/channel/UCmXH_moPhfkqCk6S3b9RWuw/join Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	There's other parts of the economics PhD program. They haven't really changed for a long time, but actually clearly should be changed.
0:15.2	And one of the things is we should have more of an ethics thing. One thing that we are behind
0:22.4	physics and some of the other disciplines.
0:25.0	As far as I know, there's never been a paper in an economics journal that's been retracted.
0:31.0	Hello. retracted.
0:37.0	Hello, podcast listeners. Today you are in for a treat where I am breaking to you another one of my very cherished interviews with Nobel laureates.
0:45.2	In today's episode is a first for me. It is an interview with a Nobel Laureate who's not
0:51.1	a physicist. That will not detract in any way, shape, or form from the delight
0:57.0	you will take from listening to this conversation with Stanford's Quido Imbens, who is an economist of great renown, not only for winning the
1:07.2	Nobel Prize, but for winning an award that I won too just this past year, where I met him at Brown University.
1:13.6	You'll hear a little bit about that, and how Brown made a not insignificant impact on his life and career.
1:19.7	How he was almost derailed from becoming a Nobel-caliber economist because of the ultimately foolish
1:29.9	lack of wisdom and intelligence by investment banks on Wall Street, not to hire him when he was a
1:35.4	newly minted master student who spoke Dutch and that was exactly what the job advertisement
1:41.1	on Wall Street was looking for. They didn't even interview him.
1:43.4	How stupid is that? You'll hear more than just knowledge from Professor Embeds.
1:48.0	You're going to hear a tremendous amount of life advice, of wisdom, of perseverance.
1:52.7	This is a long conversation two hours long.
1:54.9	So much fun to talk to such a generous,
1:59.0	genial intellect, genius, I should say,
2:01.3	for illiterative purposes.
2:03.0	And I really enjoyed it.
	...

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