The doctrine of positive economics tells us that data will provide an appropriate theory. As usual Austrian economists ...

Hadoop disrupted, and in some ways became synonymous with big data, by offering a framework for cheap storage and scale out processing. Parallel to Hadoop came the flurry of NoSQL solutions that also ...

Large and Complex Data Theory encompasses the mathematical and algorithmic foundations for analysing datasets whose size, dimensionality and structural heterogeneity challenge classical statistical ...

Sampling is the process of collecting some data when collecting it all or analyzing it all is unreasonable. Before addressing why sampling still matters when massive amounts of data are available and ...

Francis Bacon was a philosopher of science when there wasn’t much real science going on to philosophize about. Four centuries ago, decades before Newton established the laws of motion and gravity, ...

Advanced training in economics, its critics lament, is out of touch with the times. In the first year of graduate programs – all graduate programs – students receive detailed tutoring in methods.