As late as September 2008, when the financial crash was well under - TopicsExpress

As late as September 2008, when the financial crash was well under way, the consensus among economic forecasters was that no country would fall into recession in 2009. “The obvious conclusion is that forecasts should not be taken seriously”. Economists should emulate dentists, who at least know how to treat problems effectively when they occur; they don’t pretend to know when your teeth will fall out TIM HARFORD/FINANCIAL TIMES

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