Buried by the Wall Street Crash
Cautionary Tales with Tim Harford
00:00
Apocalyptic Anticipation and Economic Forecasting
This chapter explores a group in Oak Park, Chicago, anxiously preparing for an alien arrival, led by a charismatic woman claiming to channel messages from extraterrestrials. It delves into the impact of this anticipation on their lives and draws parallels between their beliefs and economic forecasting, highlighting the risks of both.
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