Cover of The Economist, 17 March 2012:
Cover of The Economist, 9 June 2012:
But just in case we're tempted to believe either one or the other, the 9 June issue also contains a short article on the value of expert advice, or lack thereof. Apparently, the more respected the expert, the less accurate his predictions, and the more certain he is, the less accurate his predictions. And while The Economist is certainly respected, it's obviously not very certain, which is to say, both predictions probably have more or less the same value.
In short, we can venture a guess that things will either get better, get worse, or stay much the same, but we're not putting any confidence in this prediction.
Cover of The Economist, 9 June 2012:
But just in case we're tempted to believe either one or the other, the 9 June issue also contains a short article on the value of expert advice, or lack thereof. Apparently, the more respected the expert, the less accurate his predictions, and the more certain he is, the less accurate his predictions. And while The Economist is certainly respected, it's obviously not very certain, which is to say, both predictions probably have more or less the same value.
In short, we can venture a guess that things will either get better, get worse, or stay much the same, but we're not putting any confidence in this prediction.
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