Cafe Classic: Compensation Practitioners Should Be Skeptical of Economic Forecasts
Compensation Cafe
APRIL 22, 2022
Hayek describes how the scientistic error - economists' propensity to present their findings with the certainty of scientific language - led to some of the "gravest errors of economic policy." Where to learn more: Projections Overview and Highlights, 2016-26 , Bureau of Labor Statistics, U.S. Department of Labor.
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