Why can’t economists predict for *beep*?

“When will economists just admit that they can’t predict for *beep*?” When Özyeğin University marketing professor Steven H. Seggie asked this rhetorical question in a tweet after the U.S. jobs report on Sept. 5, I correctly predicted Turkey’s July industrial production figures in my Sept. 8 column to prove him wrong. I have to admit I cheated.

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