Economic Forecasting: Is It Worth It?

Economics is sometimes called the dismal science, no more so when forecasters actually get their predictions wrong. Looking into the future is naturally difficult, so really, is it worth it? Bloomberg's Haslinda Amin asked Economist and Author Tim Harford why we rely so much on forecasting and whether it's all worth it. (Source: Bloomberg)

Germany's AfD Tests Merkel's Leadership, Says Posen
43:45 - Adam Posen, president at Peterson Institute for International Economics, previews the upcoming German election. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)
  • May, Johnson Underline Brexit Tension, Says Posen
  • Strong Global Economy Helps Fed Unwind, Says Krueger
  • The Economic Cost of the U.S. Opioid Epidemic