Monday, August 20, 2018

When parsimony isn't parsimonious

A very cool graphic from a working paper by Larry Bartels quoted in a tweet from Matthew Yglesias:




only I don't see how it's clear why the "Limited Government" dimension (one of 2 that apparently capture 78% of the observed variance in 43 YouGov survey questions from November 2017) reflects "classic economic conservatism." Table A in the Appendix appears to show the index varies a lot with things that are quite different from "economics," like Fox News and the United Nations. I guess the boldface might denote statistical significance, which if true suggests that Fox News might be insignificantly associated with the index but with a large correlation/coefficient. 
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