Guinnessometrics

The Guinness Brewery celebrated its 250th birthday this past Thursday, September 24th. In its honor, economist Stephen Ziliak wrote an aricle, "Great Lease, Arthur Guinness—Lovely Day for a Gosset!" (pdf) for a special issue of the Journal of Wine Economics entitled "Beeronomics." The article is a profile of Guinness brewer William S. Gosset, better known to economists and statisticians as "student" a pseudonym that became famous as Student's T-test, a widely used test for statistical significance. The story is fascinating, especially since Gosset was trained as a chemist but learned stats on his own.

For more coverage see the FT and Economist's View.

Obligatory Homer quote: "Beer... Now there's a temporary solution."