{"id":535597,"date":"2010-04-20T15:18:42","date_gmt":"2010-04-20T19:18:42","guid":{"rendered":"http:\/\/knowledgeproblem.com\/?p=6731"},"modified":"2010-04-20T15:18:42","modified_gmt":"2010-04-20T19:18:42","slug":"knowing-what-we-don%e2%80%99t-know","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/535597","title":{"rendered":"Knowing what we don\u2019t know"},"content":{"rendered":"<p><em>Michael Giberson<\/em><\/p>\n<p>In the <em>WSJ<\/em>, Numbers Guy columnist Carl Bialik explains, &#8220;<a href=\"http:\/\/blogs.wsj.com\/numbersguy\/what-we-dont-know-about-the-economy-924\/\">What We Don\u2019t Know About the Economy<\/a>,&#8221; a column about the making of economics statistics and the limits of the process.<\/p>\n<p>Of this column <a href=\"http:\/\/www.env-econ.net\/2010\/04\/whats-missing-in-economic-statistics---the-numbers-guy.html\">John Whitehead commented<\/a>, &#8220;This is required reading for all those who think that economists should have a crystal ball that allows predictions of the macroeconomic future that are accurate enough to avoid &#8216;great&#8217; (or even good) recessions. We aren&#8217;t even sure what has happened in the past until significant effort has been focused on the historical data.&#8221;<\/p>\n<p>  <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gocomments\/knowledgeproblem.wordpress.com\/6731\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/comments\/knowledgeproblem.wordpress.com\/6731\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godelicious\/knowledgeproblem.wordpress.com\/6731\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/delicious\/knowledgeproblem.wordpress.com\/6731\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gostumble\/knowledgeproblem.wordpress.com\/6731\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/stumble\/knowledgeproblem.wordpress.com\/6731\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godigg\/knowledgeproblem.wordpress.com\/6731\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/digg\/knowledgeproblem.wordpress.com\/6731\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/goreddit\/knowledgeproblem.wordpress.com\/6731\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/reddit\/knowledgeproblem.wordpress.com\/6731\/\" \/><\/a> <img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/stats.wordpress.com\/b.gif?host=knowledgeproblem.com&#038;blog=5880275&#038;post=6731&#038;subd=knowledgeproblem&#038;ref=&#038;feed=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Giberson In the WSJ, Numbers Guy columnist Carl Bialik explains, &#8220;What We Don\u2019t Know About the Economy,&#8221; a column about the making of economics statistics and the limits of the process. Of this column John Whitehead commented, &#8220;This is required reading for all those who think that economists should have a crystal ball that [&hellip;]<\/p>\n","protected":false},"author":4109,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-535597","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/535597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4109"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=535597"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/535597\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=535597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=535597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=535597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}