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He says it's "inconclusive" in the sense that the evidence doesn't prove what Hauser claims it proves.

My analysis doesn't prove this, but Hauser's Law doesn't prove the opposite.

That sounds inconclusive to me.

Or with some context: 'My analysis doesn't prove [something I never claimed] but Hauser's Law doesn't prove the opposite [which Hauser and Ranson did claim].'

In other words, on the growth effects of raising top tax rates he is indeed inconclusive. But on the question of whether Hauser is full of crap, he's pretty conclusive.

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