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Men's Weekly

Please, no more projections. What we need are predictions, and they're harder

  • Written by John Quiggin, Professor, School of Economics, The University of Queensland
Please, no more projections. What we need are predictions, and they're harderProjections are often be repeatedly wrong. That's because the models don't learn from mistakes.Shutterstock

It is difficult to make predictions, especially about the future. (attributed to Danish physicist Niels Bohr)

The difficulty of making predictions has long been known, but the rise of the internet means that it is getting harder to hide the...

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