Post Ab6OlNnAFTr9tLL2xc by webhat@infosec.exchange
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(DIR) Post #Ab6NkDx1Fgv97tpce0 by slashdot@mastodon.cloud
2023-10-24T17:24:49Z
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How Economists Got It Wrong for 3 Years. https://news.slashdot.org/story/23/10/24/1653239/how-economists-got-it-wrong-for-3-years?utm_source=rss1.0mainlinkanon
(DIR) Post #Ab6OlNnAFTr9tLL2xc by webhat@infosec.exchange
2023-10-24T17:36:10Z
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@slashdot Economists are frequently wrong because Economy is not an exact science and individual economists either err on the side of caution or positivity depending on what their own vested interests are.I personally believe the observer effect also plays a roll, if one says the sky is falling others will start taking precautions which might affect the outcome