tag:blogger.com,1999:blog-36070744.post3107395193895775279..comments2023-10-20T10:08:03.133+01:00Comments on SomeBeans: A brief return to politics - the BudgetSomeBeanshttp://www.blogger.com/profile/11076372969807940310noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-36070744.post-22063454148056104932010-07-02T11:59:27.227+01:002010-07-02T11:59:27.227+01:00@wassabeee and @tigger it's interesting that c...@wassabeee and @tigger it's interesting that closer to home (for me) the communication of uncertainty in science is a big issue. The problem being that any hint of uncertainty can be attacked mercilessly on rhetorical grounds.SomeBeanshttps://www.blogger.com/profile/11076372969807940310noreply@blogger.comtag:blogger.com,1999:blog-36070744.post-2396442127068656182010-07-02T11:14:59.964+01:002010-07-02T11:14:59.964+01:00Macroeconomics itself is not just about politics. ...Macroeconomics itself is not just about politics. <br /><br />The problem is that to say anything true involves huge amounts of uncertainty, complexity, what ifs, psychology, assumptions which ought to be more clearly stated... (yada yada yada).<br /><br />Politics consists mainly of soundbites aimed at Sun & Daily Fail readers and (almost?) all politicians are economically illiterate.<br /><br />Real, proper, macroeconomics is *difficult* and politicians can't be bothered with it - that's even if they realise the complexities and uncertainties exist at all.Tiggernoreply@blogger.comtag:blogger.com,1999:blog-36070744.post-27731709817251112372010-07-01T20:32:17.890+01:002010-07-01T20:32:17.890+01:00Thanks for a very useful analysis.
My eternal fru...Thanks for a very useful analysis.<br /><br />My eternal frustration with politicians, the media, and managers is their inability to explain (and probably also to understand)that <b>all</b> measurements and predictions have error bars (as you would call them or confidence intervals as I would want them called), and that the error bars in economic predictions are <b>very</b> wide.twaza (@wassabeee on twitter)https://www.blogger.com/profile/11078200068429582694noreply@blogger.com