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ChristianKl comments on Valuable economics knowledge available, ironically, for free - Less Wrong Discussion

29 Post author: Stuart_Armstrong 18 July 2013 11:30AM

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Comment author: ChristianKl 26 July 2013 09:40:15AM 1 point [-]

My own opinion is that if you want to predict the next data point, use a forecasting model, but if you want to know the effects of a new policy, your best bet is to rely on simple models plus judgement.

How do you know?