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Tag Archives: forecasting
Fictionalizing the Economy and Reviewing Imagined Futures of Capitalism
by Lars Crusefalk* In the book Imagined Futures – Fictional Expectations and Capitalist Dynamics, a leading economic sociologist Jens Beckert argues that social scientists need to put more emphasis on how actors in modern capitalistic societies handle uncertainty in relation to … Continue reading
Posted in Books, community members posts
Tagged capitalism, consumption, credit, expectations, forecasting, imagination, innovations, money, uncertainty
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Economic fortune telling: forecasting to profit
“The only function of economic forecasting is to make astrology look respectable”, famously remarked John Kenneth Galbraith. “Professional” fortune tellers and clairvoyant have accompanied mankind, receiving great respect, throughout the ages. Therefore, one can say, it was only a matter … Continue reading
Posted in Books
Tagged economic history, economics, forecasting, knowledge, United States
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