Re:We'll be stuck in this recession for years, economists say
by danans on Thursday August 27, 2020 @01:58PM
(#24296530)
> Economists are as effective as astrologists at predicting the future.
Yes, but a survey of economists or astrologers predictions it's still probably better than the survey of randomly chosen people, if for another reason then both of them are in the business of surveying your broad range of signals from a broad range of people to inform their predictions.
Any individual is capable of being wildly wrong in their predictions regardless of their title.
Yes, but a survey of economists or astrologers predictions it's still probably better than the survey of randomly chosen people, if for another reason then both of them are in the business of surveying your broad range of signals from a broad range of people to inform their predictions.
Any individual is capable of being wildly wrong in their predictions regardless of their title.