Dancing in the Dark: do economic statistics reflect the real world?
May 11, 2017 @ 8:00 pm - 9:30 pm
Discussion led by David Smith, Economics Editor of the Sunday Times
Economic statistics are frequently revised, are based on partial estimates and often point in the opposite direction to what was expected. Can measuring the complex interactions that make up a modern economy ever be precise?
Fake news, lies and statistics. Not only are economic experts held in contempt by online casinos australia many voters but so are the numbers on which they base their arguments.
To what extent have we lost the ability, not just to predict, but even to measure?