A Sermonette on Prediction and Its Discontents
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Oxford University,
Financial TImes,
Stein Ringen,
Angela Merkel,
Greek Economy,
Eurozone,
European Economy,
Exchange Rate,
Economics Critique,
Euro Value,
Economic Critique,
Greek Deb Crisis,
Financial Times Critique,
Business News
In the Financial Times, Stein Ringen, a professor of sociology at Oxford, takes a lash to forecasting-happy economists, this time over the eurozone. The column provides a lesson in how difficult it is to resist the allure of prediction and the appeal of the simple dichotomy.
Robert Teitelman | Posted 03.29.2012