Bifalgorithm post
"Economics and Forecasting"
"Economics and Forecasting" — interactive flowchart on Bifalgorithm
Ideas in this flowchart
- Economics and Forecasting
- Economists' Perception
- Economists as Arithmetic Thinkers
- Economists as Probability Calculators
- Economics as Art Science
- Forecasting Challenges
- Forecasting as Fool's Errand
- Necessity of Decisions
- Track Record Over 30 Years
- Accuracy of Projections
- Fed vs. Private Sector Forecasts
- Skepticism of Forecasting
- Inherent Skepticism of Black Boxes
- Belief in Magic vs. Non-Belief
- Complexity in Academic Papers
- Jean Farmer's View
- Forecasting Better Than Random
- Criticism of Forecasting
- Economic Textbook Idea