Conometricks and the new NAFF ?case? for HS2

Whilst the (potential) sophistication of quantitative economic analysis has increased considerably, so also have the possibilities of dissimulation via the deployment of sophistical econometrics and other means of quantitative economic bamboozlement. I label these latter groups of wily economic arts collectively as Conometricks. Their common feature is that they all involve the insidious warping and/or specious misuse of (often complex) statistical/quantitative analysis so as to bolster a weak (or dire) economic case, argument, or projection.

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Source: http://www.iea.org.uk/blog/conometricks-and-the-new-naff-%E2%80%98case%E2%80%99-for-hs2

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