I really liked this
…I don’t have a lot of faith in the exact predictive powers of climate models, or for that matter economic models, but uncertainty about outcomes should make us worry more not less. Uncertainty usually has two tails, not just one.
by Tyler Cowen in the closing of his reply to a reader request “You’ve spent a lot of time studying economic models. You probably have an opinion about their overall reliability.”
0 Responses to “Are climate models like economics models?”