A Question for the Economists

Is the overly predicted life worth living?

One group of those involved in the present financial crisis has so far escaped notice--the economists. They are masters in the science of prediction, but as a group, if not to a man, they failed to predict a crisis that has wiped out nearly half the wealth invested in the stock market and elsewhere (measured of course from the peak). The economists did no better than their unscientific rivals, the stock pickers, who are in the business of prediction. Full Story »

Posted by Kaizar Campwala
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Subjects: U.S., Business, Sci/Tech
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Posted by: Posted by Kaizar Campwala - Apr 7, 2009 - 8:05 AM PDT
Content Type: Article
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Edited by: Kaizar Campwala - Apr 7, 2009 - 8:05 AM PDT

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Kaizar Campwala
3.7
by Kaizar Campwala - Apr. 7, 2009

The very measures we take to anticipate the future make us more dependent on others and less dependent on ourselves, because those measures consist in spreading the risks ... More »

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