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Economists haven't throw out the models yet (but they will)

Published by Techcrunch on Mon, 06 Apr 2020


There are many things that are in short supply these days, but one of them is cognitive flexibility. Humans are used to confronting the extreme complexity of our modern world with some mlange of data, modeling, heuristics, and 'gut instinct.' We can't know everything about everything, and so we have to truncate our perspective to []
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