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> Scientists cannot accurately predict what the temperature in my city will be next month, so is climatology a science?

weather forecasts have been getting more and more accurate, actually




Weather is inherently unpredictable. They'll never be perfect.

I missed the most important point: because the economy is made up of intelligent actors - there is a dynamic aspect to economist predictions.

If the weatherman says 'it will be 'very hot' next week' - this can be right or wrong, but the weather won't change as a result.

If a prominent economist says 'there will be a recession next month' - business leaders may hold up on investment thereby causing a recession, where none might have been.

So it's pretty hard to predict the future, when your predictions change the future ;)


That just seems like it makes it easier! You predict a recession, you're wrong, but you end up being right anyway!




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