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February 03, 2007

Comments

Will

Professor, do you know of anyone that can explain the fundamental differences between economic forecasts and climate forecasts. If someone told me they looked at the the last century of income data and they had projections a century and a half ahead with such small error bounds, I'd say they're crazy.

I know climate folks are working with more deterministic systems, but these forecast error bounds just don't sit well with me.

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