by Summary:
Economic reform for the modern world
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Economic reform for the modern world
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Robert Vienneau writes Another Hayekian Triangle Not Supporting The Austrian School
Joel Eissenberg writes Access to medical care: right or privilege?
NewDealdemocrat writes Production turns more negative
Bill Haskell writes Lawler: Early Read on Existing Home Sales in October
| Economic reform for the modern world |
It's the Lorenz modelling of the weather and not the fact that we have weather satellites – that let's us predict the weather with greater accuracy?
Both, but the Lorenz modelling came first. If it were the other way round, (a) we'd be 20 years behind where we are now (Lorenz wrote in 1963, weather satellites didn't start going up till the 80s), and (b) feeding good data into bad models would have slowed down the development of an alternative–or made its development more conflictual.
@ProfSteveKeen Makes sense.