• Episode 87: Economic Forecasting is a Joke

  • Mar 23 2024
  • Length: 39 mins
  • Podcast

Episode 87: Economic Forecasting is a Joke By cover art

Episode 87: Economic Forecasting is a Joke

Listen for free

View show details

  • Summary

  • "Inflation will be with us for years to come." "You can’t lower inflation without raising unemployment." "Supply chain disruptions will cause a recession." These are some of the fables told in recent years by economic forecasters. Their job is to use empirical methods to explain why certain things happen in the economy but they’re notoriously bad at it, their predictions no more reliable than that of a palm reader. Why is this so? Joe and Mark assess their record, offering some explanations for why it’s so terrible, and consider how “the dismal science” might step up its game. (Recorded March 22, 2024.)
    Show more Show less
activate_primeday_promo_in_buybox_DT
Political Science Social Sciences
Show more Show less

What listeners say about Episode 87: Economic Forecasting is a Joke

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available