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<div class="moz-cite-prefix">On 2013-11-30 00:36, Kelly Anderson
wrote:<br>
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<div class="gmail_quote">On Fri, Nov 29, 2013 at 12:18 PM,
John Clark <span dir="ltr"><<a moz-do-not-send="true"
href="mailto:johnkclark@gmail.com" target="_blank">johnkclark@gmail.com</a>></span>
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<div>So your theory can't make good predictions. A
theory that can't make good predictions is as
useless as a sack full of dead rats in a tampon
factory. <br>
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<div>Isn't that pretty much the entire field of Economics?
If you could predict it, someone would make money off of
that prediction, forcing the prediction to not come true.<br>
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<br>
That is a bit of a misunderstanding: it only applies to efficient
financial markets. Economics also predicts that if you lower the
price of your lemonade, more people will tend to buy it. <br>
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<pre class="moz-signature" cols="72">--
Dr Anders Sandberg
Future of Humanity Institute
Oxford Martin School
Oxford University
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