Why Do Economic Forecasters Still Have Jobs – asks Big Think

Once again, the Wall Street Journal has published its annual ranking of economic forecasters. Using methods developed with the Federal Reserve Bank of Atlanta, the newspaper calculated which forecasters made the smallest errors in their prognostications for 2012. There’s just one problem: the results are meaningless.

via Why Do Economic Forecasters Still Have Jobs? | Econ201 | Big Think.

Gerd adss: some interesting points here, indeed. Made me think

 

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