For centuries, scientists have strived to predict the future. But to what extent have they succeeded? Can past events-Hurricane Katrina, the Internet stock bubble, the SARS outbreak-help us understand what will happen next? Will scientists ever really be able to forecast catastrophes, or will we always be at the mercy of Mother Nature, waiting for the next storm, epidemic, or economic crash to thunder through our lives? In The Future of Everything, David Orrell looks back at the history of forecasting, from the time of the oracle at Delphi to the rise of astrology to the advent of the...
For centuries, scientists have strived to predict the future. But to what extent have they succeeded? Can past events-Hurricane Katrina, the Internet ...
From the inability of wealth to make us happier, to our catastrophic blindness to the credit crunch, Economyths reveals ten ways in which economics has failed us all.
Forecasters predicted a prosperous year in 2008 for financial markets - in one influential survey the average prediction was for an eleven percent gain. But by the end of the year, the Standard and Poor's 500 index - a key economic barometer - was down 38 percent, and major economies were plunging into recession. Even the Queen asked - "Why did no one see it coming?"
An even bigger casualty was the credibility...
From the inability of wealth to make us happier, to our catastrophic blindness to the credit crunch, Economyths reveals ten ways in which econo...
