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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

Rock Music, Oil Production and Causation Fallacies

By Derek Thompson
Nov 13 2009, 4:16 PM ET Comment

I've been serving a lot of public policy vegetables this week, so here's some economic dessert. There are a lot of graphs out there that claim to prove causation when all they can surely demonstrate is correlation (take these, perhaps). But here's a graph via Gawker that elegantly explains how misleading some of these graphs can be:



500-us-oil-production1


The lesson here is not that Pitchfork's editors should get behind "Drill, baby, drill." The lesson is that US oil production has fallen steadily for 40 years, and Rolling Stone's editors are absurdly biased toward songs written between 1965 and 1980.

"I Got You Babe" by Sonny and Cher is number 444 on that list.

I'm just sayin'...
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