3 ms·
Economists are really good at providing explanation after the fact, which makes people feel good because it feels like they understand what's going on. That's
by ur-whale 5y ago
Economists are really good at providing explanation after the fact, which makes people feel good because it feels like they understand what's going on.
That's why economists are still in business to this day.
However, when it comes to predictive power, the entire field's output is exactly nil.