In recent years, there’s been a strong push to elevate the use of data in public decision-making by using evidence-based policymaking. In a 2019 essay for Chicago Booth Review, Lars Peter Hansen of Chicago Booth and the University of Chicago said the term evidence-based policy was “a misleading portrayal of academic discourse and the advancement of understanding.” In this episode of the Chicago Booth Review Podcast, Hansen and his Chicago Booth and University of Chicago colleague Kevin Murphy discuss the issue.

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