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Topic: Economic Forecasting

Economic Forecasting involves the use of data, models, and expert analysis to predict future economic conditions, though inherent uncertainties limit the precision of such forecasts.

More on: Economic Forecasting

The podcast episodes cover various aspects of economic forecasting, including the limitations of economic models, the unpredictable nature of economic events, and the difficulties in accurately predicting phenomena like inflation and recessions.

For example, the episode 'Embracing economic chaos' discusses how physicist Eric Farmer is using chaos theory principles to improve economic forecasting, while 'We still don't really know how inflation works' examines the challenges in predicting inflation.

Other episodes, such as 'Using anecdotes to predict recessions' and 'How to live with economic doomsaying', explore alternative approaches and the need to embrace uncertainty in economic forecasting.

All Episodes