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Notes From the Fieldby Martin Weil

January 15, 2015

I Absolutely Love This Idea

Crowd-sourcing (think Yelp, TripAdvisor etc.) comes to economic forecasting!  The Good Judgment Project is a bold attempt to harness the “wisdom of crowds” as a more reliable predictor of future economic and geo-political events than expert forecasters.  I am really excited by this development.  University of Pennsylvania’s Philip Tetlock who brilliantly took on the failings of “expert” political judgement with his book of the same name, is behind the project.

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