
S5 Ep43: The illusion of control
VoxTalks Economics
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Risk Dashports - Are They Better Than No Numbers?
We are always looking for a risk dasport, says marcus brenemier. The information and decisions that flow from it are no better than the quality of the numbers you pluck into it - he argues. But we have this problem with decision makers: they hae to do something. And i think exactly os your question states. If we have some numbers, are they not better than having no numbers? It all depends. You have to buy or not to buy. Or if you do monetary policy, do you raise interest race or do you not? I mean, we never have the option of not doing anything without that being a conscious decision. Thate's also a
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