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"Economists have correctly predicted 9 of the last 5 recessions." https://www.bloomberg.com/news/articles/2019-03-28/economists-are-actually-terrible-at-foreca
by Fomite 7y ago
"Economists have correctly predicted 9 of the last 5 recessions."
https://www.bloomberg.com/news/articles/2019-03-28/economists-are-actually-terrible-at-forecasting-recessions https://www.bloomberg.com/news/articles/2019-03-28/economist...
- Izkata 7y agoMore like, predictably bad in a wisdom-of-the-crowd way that could actually result in a good prediction: https://www.bloomberg.com/opinion/articles/2019-07-19/recession-forecast-for-2020-economists-are-so-bad-they-re-good https://www.bloomberg.com/opinion/articles/2019-07-19/recess...
- Fjolsvith 7y agoSo, that's what economic math looks like!