9/12/10

Economics as an iterative research program

1. We do not know how it has happened …


2. The importance of the economic profession just grows …

3. Give us more time and resources …

4. Our models has been dramatically improved since the last unpredicted event …

5. We do not how it has happened again (and again) …

1 comment:

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Spatio-temporal evolution of low-magnitude seismicity before the May 24, 2013, Sea of Okhotsk earthquake recovered by waveform cross correlation. Is it an earthquake prediction case?

  Abstract According to the International Data Centre (IDC), the Sea of Okhotsk earthquake occurred at 05:44:49.7 on May 24, 2013, had c...