6min chapter

Brookings Podcast on Economic Activity cover image

How did Germany fare without Russian gas?

Brookings Podcast on Economic Activity

CHAPTER

Takeaways from the Paper and the Role of Economists in Crises

This chapter explores the willingness of economists to make predictions and their impact on crises, emphasizing the importance of understanding market circumstances. It discusses the challenges faced by academics in engaging in debates and the limitations of models in analyzing big shocks.

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