Talk:James Heckman

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Isn't this article about James Heckman? How about removing this part:

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The literature has always been complex, but the main idea is fairly simple. Economists routinely take data on wages to calculate average wages. Many subjects are unemployed, and thus would have missing wages. Before Heckman, economists would simply discard all records with missing wages and then calculate averages using the remaining observations. Heckman shows that this process can lead to selection bias because observations do not have missing wages at random. For instance, poorer individuals of one group may be unemployed more often, so average wages may be too high for this group. Thus, Heckman's work has persuaded economists to treat missing observations more carefully. He has also pioneered the application of economics to econometrics and has conducted numerous empirical studies.

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As it's just a simplified rewrite of this article. I would remove it directly, but since I'm really new I would like some advice first. :) —HaZe

My understanding is that Heckman won his Nobel for work on social programs. The whole old dogs/young dogs thing.

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That he accepts a professorship at Dublin, doesn't mean he move out from Chicago, does he?--B.F.Pinkerton 21:24, 8 August 2006 (UTC)

[edit] Image

This is another photo, for when this article grows up and there will be space for more pictures AdamSmithee 08:12, 24 October 2006 (UTC)