Home » Uncategorized » Humility and economic forecasting

Humility and economic forecasting

We didn’t forecast “Great Depression”; We failed to forecast this “Great Recession”.

Obama’s economists painted a rosy picture for their stimulus plan, now it turned out to be deadly wrong; Should we trust the Fed to do the job then?

Watch the following video clips and have some humility in prediction and forecasting.


Leave a comment

Your email address will not be published.