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by oneiftwo
2227 days ago
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>Do critics of government hold other prediction "markets" to the same standards? You realize that modern economics is basically divination for the same reason that climate science is uncertain? Structurally the two sciences are actually similar in critical points, namely that the domains are non experimental and purely model driven. Yes, you should be extremely sceptical of any economist who tells you that he's certain about anything. >People predict sportsball outcomes. A much smaller problem domain, with far more historical data, insane audience engagement (interest), and ample expertise You can't seriously compare the complexity of climate science with sports betting. |
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"... global and nearly universal failure of these same institutions to properly prepare for and handle covid..."
What should have happened?
How do we apply those lessons learned?