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For whom the market tolls: one-armed economists and 'Plenty of gloomsters'

机译:市场对谁不利:单臂经济学家和“大量悲观者”

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摘要

When contemplating the basic message of the piece under discussion here, the observation made by Viscount Bolingbroke in his 'Reflections upon Exile' immediately comes to mind: 'Truth lies within a certain compass, But error is immense'. And so it is with forecasts, whether they relate to an Idea that all people could be Voltaires, given universal education, or the World market for computers, or the weather forecast for tomorrow. Forecasts are frequently wrong, either being too optimistic, or perhaps More common, being a little too pessimistic.
机译:当考虑到这里讨论的文章的基本信息时,博灵布鲁克子爵(Viscount Bolingbroke)在他的《流放的反思》中的观察立即浮现在脑海:“真相在某个指南针之内,但错误是巨大的”。天气预报也是如此,无论它们是否与一个观念有关,即普及教育,计算机世界市场或明天的天气预报,所有人可能都是伏尔泰人。预测常常是错误的,要么过于乐观,要么更为普遍,有些过于悲观。

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