Weather reports have a lot of math behind them, yet they're regularly wrong. I wonder what's the underlying reason for that? I also wonder whether that reason could also affect economics?
Wonderful comment. We'd require a whole lot more information and processing power in order to be able to accurately predict the weather, and if we had that, we would be able to accurately model and predict a whole host of things.
Like with anything, there is the objective reality that none of us can see, and then there is the constructed reality placed on top of it.
Like with anything, there is the objective reality that none of us can see, and then there is the constructed reality placed on top of it.