What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics
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That book is enlighting. This book's synopses is also misleading. It covers much more ground that it says and I was amazed by the storm of ideas that Buchanan brings in this book. Forecasting in Economics and Finances isn't only about predicting behaviors of prices (the author will repeat that famous result that different from a weather forecast, once human beings know what about to happen in a market, their actions change and so does the outcome), it's about giving direction for policymakers and preventing, even somehow inaccurately, what crashes ahead in future. It's worthy spending your time in this book.