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>If your predictions consistently fail, you're not doing good science. I agree with where you're going, but I think the better phrasing would be "If your predi
by chibg10 9y ago
>If your predictions consistently fail, you're not doing good science.
I agree with where you're going, but I think the better phrasing would be "If your predictions consistently fail, your scientific theory isn't very good"
Good science usually involves a lot of failure before it provides good theory.
This doesn't excuse incredible overselling of economic models by economists though.