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I’m in a discussion forum, someone has made a claim, i’m Asking them to support that claim with evidence. I would do this regardless of the subject of the discussion. No irony move on, i’ll Entertain another pithy comment. |
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Show me evidence of 50% of the food we import will be more expensive. |
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Sodding economic models mean very little given the variables and in many cases flawed assumptions. |
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https://www.ft.com/content/84807466-...8-7a9fb7d6163e Quote:
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*forecasts/hypotheses/predictions, when used by Government/BoE/economists, are rubbished by Brexiters**... **including the poster quoted below ---------- Post added at 21:46 ---------- Previous post was at 21:45 ---------- [/COLOR] Quote:
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Europe couldn't pay me £100 to go there.
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---------- Post added at 22:13 ---------- Previous post was at 22:09 ---------- Quote:
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although it would be nice to 'up anchor' and drift down to the Canaries :D |
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I do a lot of statistical work and have a decent understanding of the maths and methods. Of course I’m no economist (though I have a modest understanding of economic modelling from a year’s workmI did in the 1980s). The essence of economic modelling is for the variables that combine to form economic output to be rationally applied. Rationally is important because these variables are highly dependent on psychological assessment of human behaviour in many dimensions. How that is applied is never explained. So, when every rational combination has been applied, the various outcomes are predicted. What we never see is the result of each case; we only see whatever someone wants us to see. The variables are never explained to us - all we see is headlines, particularly if they are dramatic. I expect a certain contributor to spend time picking holes in the above. The real thing about Brexit is to get away from the EU shackles and build on that. |
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