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Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T... by 6gvONxR4sf7o on Wednesday August 07, 2019 @11:10PM (#20641516)
Science communication for anything important to people (e.g. economics, climate, psychology, health) is generally terrible. On one side, you have people saying "looking at statues makes you atheist" or "this bubble is about to burst." On the other, you have "psychologists are garbage"/"climate change isn't real"/"economists can't predict recessions so they're idiots."

The solution is the same for all of them. Effort. When you see reporting you're interested, find the original paper and skim it. At least read the abstract. Turns out the people actually doing the work are usually pretty sensible. There's a lot people don't know, but with this "one simple trick!" you can learn what we're less uncertain about.

Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T... by tomp on Thursday August 08, 2019 @03:36AM (#20642576)
> Turns out the people actually doing the work are usually pretty sensible.

The replication crisis suggests otherwise; they’re often delusional (believing in things that aren’t there) or outright frauds (publishing results they know are false for personal gain).

Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T... by 6gvONxR4sf7o on Thursday August 08, 2019 @08:54PM (#20650414)
Sometimes? Yes. Often? I don't think so. Usually? No absolutely not.