Economists Keep Getting It Wrong, But Won’t Admit It
Hotspotting
English - April 17, 2023 02:50 - 6 minutes - 8.5 MBInvesting Business Society & Culture Places & Travel hotspotting propertyinvesting propertyinvestment firsthomebuyer smsfpropertyinvestment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Property Data Turns Positive for 2023
Next Episode: Smaller Cities Lead on Long-term Capital Growth
Of the many definitions of “economist”, the best of them claims that an economist is someone who will tell you tomorrow why what they predicted yesterday didn’t come true today.
This reality of economists constantly getting it wrong with their forecasts, but refusing to admit they were wrong, is seen pretty much every day in Australia.