Posts Tagged predictions

Great expectations: The Darwinian wars of economic and epidemiological forecasting

Great expectations: The Darwinian wars of economic and epidemiological forecasting

A key concept in modern economics is, to use the jargon term, rational expectations. The idea has dominated orthodox macroeconomics over the past 30 years. Not all economists have been persuaded of its merits by any means, but nevertheless, its influence has extended far beyond academia, into

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