The Challenge of Prediction
Peter and Kyle discuss the difficulty of predicting the future and the misconception of economists as predictors. They emphasize the need for humility, nuanced understanding of prediction, and better communication of scientific concepts to the public.In this clip
From this podcast
Data Skeptic
Economic Modeling and Prediction, Charitable Giving, and a Follow Up with Peter Backus
Related Questions
Can economic predictions be trusted?
Can economic predictions be trusted in the episode James Heckman on Facts, Evidence, and the State of Econometrics and the clip The Limits of Economic Knowledge?
Can economic predictions be trusted based on the episode 930: Morgan Housel | The Power of Preparation Over Prediction and the clip The Future of Predictions?