Probably the most succinct to the point explanation of the difference between economic forecasting and astrology was summed up when John Kenneth Galbraith said:
“The only function of economic forecasting is to make astrology look respectable.”
Since, of late, I’ve been propounding one be an expert in one’s local economics if one wants to be successful [...]
Posts tagged as:
Joshua Dorkin
Charles Feldman
Ted Karsch.
