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196 comments on DrumBeat: June 15, 2007

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undeadFiz on June 15, 2007 - 4:54pm Permalink | Subthread | Parent | Comments top

Is there a difference between Economics and Astrology?

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Gilgamesh on June 15, 2007 - 5:24pm Permalink | Subthread | Parent | Comments top

Economics can predict simple systems, but scales very poorly. The world is complicated, so complicated noone understands it all (maybe Buffet but probably not, i guess he concentrates of specific areas and signals).

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Don Sailorman on June 15, 2007 - 7:28pm Permalink | Subthread | Parent | Comments top

Yes.
Astrologers (successful ones) have a good insight into people and what makes them tick.

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crobar on June 16, 2007 - 5:54am Permalink | Subthread | Parent | Comments top

“An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.”
-Laurence J. Peter

Richard C

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