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Tim Harford :verified:

What makes a good prophecy?

A couple of years ago, taking questions on stage in front of a live audience, I was asked to do my duty as an economist and make an economic forecast. But the questioner had a demanding benchmark for what made a good prediction, informing me that the previous keynote speaker at this conference had been a prominent scientist, who warned of a deadly global pandemic. That was i

timharford.com/2024/01/what-ma

Tim Harford · What makes a good prophecy?A couple of years ago, taking questions on stage in front of a live audience, I was asked to do my duty as an economist and make an economic forecast. But the questioner had a demanding benchmark f…