The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
There is no causal model, because economists don't do causal models. There is no robustness check against alternative scenarios, because economists don't do causal models and you need a causal model to construct credible alternative scenarios. There is no internal consistency check on the story, because the Economist does not do due diligence when a naive reading supports the conclusion it wants.
The overwhelming majority of your average issue of The Economist is written by highly educated incompetents for highly educated incompetents.
- Jake Friends come and go. Enemies accumulate.
Now that wasn't even worthy of a commentary. It's down there with 'global warming stopped last Friday'.
Where's the world coming to when not even economists grasp a concept like 'the longer term'?
The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again. -- John Maynard Keynes -- A Tract on Monetary Reform (1923) Ch. 3
by Cat - Jan 25 14 comments
by Frank Schnittger - Jan 22 1 comment
by Frank Schnittger - Jan 26
by Oui - Jan 9 19 comments
by Frank Schnittger - Jan 13 28 comments
by gmoke - Jan 20
by Oui - Jan 15 90 comments
by gmoke - Jan 7 13 comments
by Cat - Jan 2514 comments
by Frank Schnittger - Jan 221 comment
by Oui - Jan 219 comments
by Oui - Jan 21
by Oui - Jan 20
by Oui - Jan 1839 comments
by Oui - Jan 1590 comments
by Oui - Jan 142 comments
by Frank Schnittger - Jan 1328 comments
by Oui - Jan 1212 comments
by Oui - Jan 1120 comments
by Oui - Jan 1031 comments
by Oui - Jan 919 comments
by NBBooks - Jan 810 comments
by Oui - Jan 717 comments
by gmoke - Jan 713 comments
by Oui - Jan 68 comments
by gmoke - Jan 48 comments