Periagoge
Scenario

How economists handle the persistent failure of monetary policy forecasting

My econometric models predicted none of the major financial crises in my thirty-year career, but I keep building more sophisticated versions of the same models because that is what the job requires.

More people experience this than they realize.

What we've seen

The institutional demand for predictive models persists despite their repeated failures, creating ongoing professional cognitive dissonance.

Your guide for this
Zera
Zera works with people navigating exactly this kind of situation.
Ideas that help explain it
Worth thinking about

“Where Are You with Central banks and monetary policy?”

Peri

Peri can explain why this happens, help you decide if this is the right situation for you, and point toward the right journey or coach.

If this sounds familiar, the Library can help you find the bigger picture.