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RT Eric S. Raymond: The Iron Law: "The expected value of any net impact assessment of any large-scale social program is zero." The Stainless Steel Law...
RT Eric S. Raymond
The Iron Law: "The expected value of any net impact assessment of any large-scale social program is zero."
The Stainless Steel Law: "The better designed the impact assessment of a social program, the more likely is the resulting estimate of net impact to be zero."
This is from an expert who desperately wanted the conclusion to be the opposite.
But the impact is never zero. It's always, actually negative. Because the money taken from taxpayers at gunpoint and spent on these programs is wasted. The effect is value destruction.
Crémieux: Across basically every metric, the results were null, null, and--my favorite--null.
And this is what we expect with credible intervention evaluations of high-quality samples. This is so common, in fact, that it's been dubbed the "Stainless Steel Law":
The Iron Law: "The expected value of any net impact assessment of any large-scale social program is zero."
The Stainless Steel Law: "The better designed the impact assessment of a social program, the more likely is the resulting estimate of net impact to be zero."
This is from an expert who desperately wanted the conclusion to be the opposite.
But the impact is never zero. It's always, actually negative. Because the money taken from taxpayers at gunpoint and spent on these programs is wasted. The effect is value destruction.
Crémieux: Across basically every metric, the results were null, null, and--my favorite--null.
And this is what we expect with credible intervention evaluations of high-quality samples. This is so common, in fact, that it's been dubbed the "Stainless Steel Law":