Douglas_Knight comments on On Walmart, And Who Bears Responsibility For the Poor - Less Wrong

13 Post author: ChrisHallquist 27 November 2013 05:08AM

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Comment author: Douglas_Knight 27 November 2013 03:15:37AM -1 points [-]

No, Eugine is perfectly clear. The only way to interpret his "things are even worse then his without stimulus prediction" is that Krugman made absolute predictions.

The simplest hypothesis is that economists are impervious to evidence and are just backdating their predictions. Yes, inference can be complicated by mechanisms; that link is relevant, quite unlike your previous link.