Eric Beinhocker highlights the distinction between economic forecasting - asking “can I tell you how much unemployment there’ll be in three years or what interest rates will be?” - and making testable economic predictions in a scientific sense
Can better economic predictions inform better policy?
23 January 2013
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with Professor Eric Beinhocker
Executive Director, INET OxfordEric Beinhocker is a Professor of Public Policy Practice at the Blavatnik School of Government, University of Oxford. He is also the founder and Executive Director of the Institute for New Economic Thinking at the University’s Oxford Martin School. I...