Rethinking Economic Predictions and Resisting Doom and Gloom

Economist Philip Carlson Slezak challenges the accuracy of economic forecasts and urges listeners to remain cautious of apocalyptic predictions about technological, economic, and societal collapses. He highlights past instances where predictions of economic turmoil, like the 2020 post-pandemic depression and inflation fears in 2021, turned out to be false alarms. Slezak questions the credibility of economists relying on models that may not accurately predict uncertainties and advocates for rational optimism as a countermeasure.