Expert predictions of the future worse than random guesses
Tests have been run in the past that found expert predictions of the future - even in the not distant future - are highly inaccurate.
Opinion: Practicing Factfulness based on data.
Tests have been run in the past that found expert predictions of the future - even in the not distant future - are highly inaccurate.
He was wrong about everything yet set global policies for decades.
Unemployment among recent college graduates is actually at a lower rate than the long term average.
A popular social media meme is that the home price to income ratio has exploded. But it has an incredibly obvious error ... take a look.
Says retirees are going to "un-retire" because everything is awful But the % of un-reitirees has been steady for a long time.
Per economist Marian Tupy, young men are doing much better today.
Media and social media posts compare home ownership percentages of young cohorts in the 1980s and today and conclude it's due to price. May be not.
Median home price has appreciated by 43% over the past 10 years. Some insane X posts claim home prices went up by 10x! Hah hah.
Life for most people is WAY better than just decades ago - but doomerism media and social media pundits have convinced people that everything is awful.
Knowing some history might lead to better decision making.