From the interview linked above, I was most surprised about David's perspective of how we will never be able to predict long term economic events. I am not surprised we do not currently have the capability to make accurate predictions of what will take place 20 years in the future. However, I was intrigued by David's confidence in saying he thinks there will never be a time where this is possible. Part of me imagines that with the exponential growth of technology and our ability to predict things, this may be possible. I enjoyed listening to the discussion of present bias and how in more advance economic classes there are more complicated ways to quantify present bias and its effect on decision making. I wonder if one day we will be able to perfectly quantify it and use it to perfectly predict actions.
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