The map and the territory 2.0 : risk, human nature, and the future of forecasting

Bibliographic Information

The map and the territory 2.0 : risk, human nature, and the future of forecasting

Alan Greenspan

(Penguin economics)(Penguin books)

Penguin Books, 2014

Rev. ed

  • : pbk

Other Title

The map and the territory : risk, human nature, and the future of forecasting

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Note

"First published in the United States of America by The Penguin Press,...2013","First published in Great Britain by Allen Lane, 2013"--T.p. verso

Includes bibliographical notes (p. 377-407) and index

Description and Table of Contents

Description

Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. How had our models so utterly failed us? Virtually every day, we make wagers on the future - but, even when we're not driven by factors entirely beyond our conscious control, the maps by which we are steering are often out-of-date. The Map and the Territory is an important attempt to update our forecasting conceptual grid using twenty-first-century technologies, offering a lucid and empirical grounding in what we can know about economic forecasting and what we can't.

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