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There Is No Landing For The Fed With Patrick Newman

Lead-Lag Live

00:00

The Common Critics of Economists Are Unfair

Economists are trying to apply theories and forecast the future, which in many ways can be a fool's game. The old joke is, economists' models are always great at predicting the past; it's the future that they still haven't gotten. "Trying to predict things is where the real skill ... comes from," he says.

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