Brian Crombie Radio Hour - Epi 876 - Are Economic Forecasts a Waste of Time? with Todd Hirsch

Brian speaks with Todd Hirsch. Todd is a former Calgary-based chief economist of ATB Financial and the author of The Boiling Frog Dilemma: Saving Canada from Economic Decline. He talks about his column: “As an economist, I think forecasts are a waste of time – almost hubris” where her says: “I’ve spent most of the past three decades working on teams within various think tanks, companies and banks, trying to forecast the economy. And I’ve concluded that it’s a waste of time. Why? “black swan” events, the economy is behaving differently than it has in the past bnb and economic forecasting can lull us into a dangerous false confidence.”