This is part of a series explaining common economics misconceptions TL;DR: Breakdown of possible explanations of increase in education price. Brian Caplan is probably wrong.

TL;DR: A breakthrough paper in computer poker is poorly written. I try to explain it better. Intended readership: People who care about technical details in obscure game-playing AI algorithms

Today we have Priceonomics using data from one of their customers to drive home the point that if omitted variable bias were to show up to their house uninvited wearing a neon suit and started hitting on their wife, they probably would still not recognize it.[footnote]It has come to my attention that Redbooth wrote the original material. I would still expect Priceonomics’ blog peer review standards to rise above this, so I’m holding them accountable.[/footnote]