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Post-Crisis Era
Joshua Gans
Melbourne Business School
US$1,200bn
Prediction
Prediction
Institutions
Answer: no
Answer: no
... but it is the wrong question.
Answer: no
... but it is the wrong question.
Earthquakes, severe weather are unpredictable
Answer: no
... but it is the wrong question.
Earthquakes, severe weather are unpredictable
Doesn’t prevent us building in expectation of
them
Milton Friedman