Download E-books Prediction or Prophecy?: The Boundaries of Economic Foreknowledge and Their Socio-Political Consequences PDF

By Gregor Betz, Prof. Dr. Holm Tetens

Gregor Betz explores the next questions: the place are the bounds of economics, specifically the bounds of financial foreknowledge? Are macroeconomic forecasts credible predictions or mere prophecies and what might this indicate for how monetary coverage judgements are taken? Is rational monetary choice making attainable with no forecasting in any respect?

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