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user-inactivated  ·  3294 days ago  ·  link  ·    ·  parent  ·  post: Admit it: you know nothing about economics.

    I found the rigor impressive even if the power of economics to foretell the future or confidently tell us anything useful about our world a little bit less than what the general public thinks it can do.

One of my favorite statistics professors decorated his office in fortune telling memorabilia. He said it was to remind people he consulted with not to trust him too much.