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Unlearning Economics: Jon Erickson, Josh Farley, Steve Keen, & Kate Raworth | Reality Roundtable #03

The Great Simplification with Nate Hagens

CHAPTER

The Importance of Thinking at the Margin

The IMF did a study recently and looked at 153 recessions in 63 countries between 1992 and 2014. It found that the vast majority of economists missed them all together. Why is economic forecasting so bad? Maybe part of it is that economic forecasters themselves are humans, says David Frum.

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