December 23, 2015

Annals of Inane Predictions

(Steven Hayward) There's the old saying, variously attributed to Sam Goldwyn, Yogi Berra, and numerous other folk sages: "Never prophesy—especially about the future." And yet it is irresistible. And a lot of people and organizations make their livelihood out of making predictions about the future, though only a small subset of them actually put money on the line. (That's why we call them "futures traders," duh.) Back around the year 2000—remember the

Source: Power Line