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The development, in the latter half of the 20th century, of systems of [[economic statistics]] enabled economists to use [[induction (philosophy)|inductive reasoning]] ...e time by the comparatively recent practice of systematically collecting [[economic statistics]]. The work of a large body of economists was subsequently devoted to testi

Approximate economic statistics are as follows:

|title = Scottish Economic Statistics

...e war, and his team there made a major contribution to the technology of [[economic statistics]], and one of them, Richard Stone, has been credited with the founding of t