Writing · AI / Automation / Tech
Forecasters, by definition, are biased and untrustworthy recorders of current economic events. In other words, they tend to uncover evidence that supports their forecasts, and they ignore or analytically dismiss anything that challenges it. And, even if the headline data appear to contradict their disclosure of the universe, they will undoubtedly uncover some statistic or extenuating circumstance that dovetails neatly with their worldview." John Liscio