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Noah Smith

Here's What Economics Gets Right

Economics does a better job of predicting the future than some critics think.
So high expectations, so few riders.

So high expectations, so few riders.

Photographer: Justin Sullivan/Getty Images

Criticizing economics for not being scientific enough is a crime of which many of us -- I’ve done it -- are guilty.  But there’s a right way to do it and a wrong way to do it.  Alex Rosenberg and Tyler Curtain, writing in the New York Times, have done it the wrong way.

Here are Rosenberg and Curtain: