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Talk:Austrian predictions

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Revision as of 15:39, 12 August 2012 by FormerContributor-78162cb3 (talk | contribs) (Created page with "Of course, if we're going to be scientific about determining how good Austrian school economists have been at making accurate predictions, then we should also make note of pre...")
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Of course, if we're going to be scientific about determining how good Austrian school economists have been at making accurate predictions, then we should also make note of predictions that turned out to be false. I.e., if an Austrian economist said, "If p happens, then q will happen" and subsequently p happened but q never happened (within a reasonable timeframe), that would be a false prediction. Our data is subject to confirmation bias if we only concern ourselves with evidence that backs up our position. Readers will be aware of that bias and judge accordingly. Nathan Larson (talk) 19:39, 12 August 2012 (MSD)