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thescriptkiddie an hour ago

rare example of a question in the headline where the answer is yes

zipy124 29 minutes ago | parent | next [-]

Wait isn't the answer No here? The dots are clearly clustered mostly in the correct half of the graph?

jimnotgym an hour ago | parent | prev [-]

Isn't that the nature of futurology. You are always wrong in some way. That doesn't necessarily make it useless

hgomersall an hour ago | parent [-]

Given that many economic predictions are really about pushing an agenda, they are not at all useless, or at least, would be better measured against that criteria. I suspect the reason we still have neoliberal economics is precisely because despite its manifest failures of prediction, it still pushes the right agenda to be supported.