6 February 2009 - self-fulfilling

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In the economy, both euphoria and terror are self-fullfilling prophecies—at least up to a point. And why would we want to change that? Predictability is good. Here is the problem we should be working on: How can the other prophecies be made equally reliable?

the Daily Whale || copyright 2009, 2014 Jay J.P. Scott <jay@satirist.org>