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FiveThirtyEight relaunches on NYTimes.com

thecaucus.blogs.nytimes.com

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Re: FiveThirtyEight relaunches on NYTimes.com

#41
post #37

Earlier quoted context omitted.

> And Krugman has a Nobel Prize in Economics, and numerous other awards for his work in Economics. I honestly think you'd be hardpressed to find a more qualified economist (on matters of economics). Krugman's Nobel work was on international trade, and it's lightyears different from his popular work. Outside of international trade, I'd say if you compared him to someone like John Forbes Nash or Vilfredo Pareto, you'd…

It's still a Nobel prize in economics. John Carmack made his name writing 3D games, but if he was standing behind me while I was writing some web code and had some ideas for me, I wouldn't tell him to piss off because he's a game programmer.

The thing about economics is that there's two diametrically opposed schools of thought on just about any issue you'd like to name. Krugman is a smart dude, and a fierce advocate for one side of any given issue, but I wouldn't swallow his arguments whole without hearing from the other side as well.

Re: FiveThirtyEight relaunches on NYTimes.com

#42
post #4

Earlier quoted context omitted.

How about his failure in predicting UK elections results, US unemployment rate, Maine's same sex marriage vote, special Senate elections in Massachusetts? These are just a few examples that I remember. But then the NY Times thinks that Krugman deserves the coverage too...

You do realize that even people who have incredibly good prediction records, do get things wrong. You can't really point to a specific thing and say, "you suck because you didn't predict this". Look at the totality of their record. And Krugman has a Nobel Prize in Economics, and numerous other awards for his work in Economics. I honestly think you'd be hardpressed to find a more qualified economist (on matters of eco…

You do realize that even people who have incredibly good prediction records, do get things wrong. You can't really point to a specific thing and say, "you suck because you didn't predict this". Look at the totality of their record.

On the other hand, only one thing he's done well has been mentioned versus several things he's done badly. One success doesn't cancel out four failures.

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