Wednesday, January 10, 2007

The Not So Dismal Future of Economics

From today's NY Times Business Section, an interesting article about economists:

"Economists have been using their tools — mainly the analysis of enormous piles of data to tease out cause and effect — to examine everything from politics to French wine vintages."

1 Comments:

At 1/10/2007 8:00 PM, Anonymous Anonymous said...

this IS an interesting article, but I don’t know if cleverness is a good descriptive word to use when economist uncover, conclude, examine and feel the urgency to describe the collecting, learning, experiencing a result of a condition, issue, data or state.
As this article says, ...reporting what they find, I feel is a contribution to the process to solve forecast predict. Economics is interpreting to ensure future outcomes. "Just some thoughts".

 

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