Empirical Results
Ricardian equivalence has been the subject of extensive empirical inquiry. Barro himself found some confirmation in post WW I years.
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Famous quotes containing the words empirical and/or results:
“To develop an empiricist account of science is to depict it as involving a search for truth only about the empirical world, about what is actual and observable.... It must involve throughout a resolute rejection of the demand for an explanation of the regularities in the observable course of nature, by means of truths concerning a reality beyond what is actual and observable, as a demand which plays no role in the scientific enterprise.”
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“Social improvement is attained more readily by a concern with the quality of results than with the purity of motives.”
—Eric Hoffer (1902–1983)