Business without economists : (Record no. 7688)

MARC details
000 -LEADER
fixed length control field 02413nam a2200217Ia 4500
003 - CONTROL NUMBER IDENTIFIER
control field NULRC
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250520100543.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250520s9999 xx 000 0 und d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 814458963
040 ## - CATALOGING SOURCE
Transcribing agency NULRC
050 ## - LIBRARY OF CONGRESS CALL NUMBER
Classification number HB 3730 .H83 1987
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Hudson, William J.
Relator term author
245 #0 - TITLE STATEMENT
Title Business without economists :
Remainder of title an irreverent guide /
Statement of responsibility, etc. William J. Hudson
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. New York :
Name of publisher, distributor, etc. AMACOM,
Date of publication, distribution, etc. c1987
300 ## - PHYSICAL DESCRIPTION
Extent 178 pages :
Other physical details illustrations ;
Dimensions 21 cm.
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc. note Includes bibliographical references and index.
505 ## - FORMATTED CONTENTS NOTE
Formatted contents note 1. The Demand for Gurus -- 2. The Rise and Fall of a Soft Science -- 3. Economic Complexity and Circularity -- 4. Economic Models versus Reality -- 5. Why Economics Doesn't Work- Summary and Objections -- 6. The Nobel Committee versus President Reagan -- 7. Changing Our Outlook -- 8. Irreverence, Nonsense, and Myth -- 9. Quantitative History -- 10. Narrative History -- 11. Critical History -- 12. Graphic Distortion -- 13. Clarity versus Jargon -- 14. Monitoring the Front Page -- 15. Consensus and the Sequence of Ideas -- 16. Conclusion.
520 ## - SUMMARY, ETC.
Summary, etc. Business leaders routinely make more reliable forecasts than paid economists do. Many other people besides business leaders are also good at forecasting, and their forecasts are almost always better than the ones made by "experts," especially when the experts work in large teams and use the latest, most sophisticated computers. In other words, economics doesn't work. The evidence appears daily. Economic forecasts are made and published. We read the reports and outlooks. But by tomorrow, we see that yesterday's forecasts are wrong. Then the process repeats itself. If we are among those who prosper, we become skeptical about economics. We can see from firsthand experience that it doesn't work, and we develop our own methods of making forecasts that are more reliable than those we find in the news or those we can buy privately from the economic experts. But even though we become skeptical, we seldom say so. Nobody does, except an occasional journalist. It would be impolite for us to say that economics doesn't work. Economists are among the most respected of all our public figures. We may think, "Economics doesn't work, but it should. Maybe when computers are sophisticated enough, the Science of Economics will figure everything out."
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element BUSINESS FORECASTING
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Books
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection Home library Current library Shelving location Date acquired Source of acquisition Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Library of Congress Classification     Gen. Ed. - CBA LRC - Annex National University - Manila Relegation Room 05/22/2012 Reaccessioned   GC HB 3730 .H83 1987 NULIB000005447 05/20/2025 c.1 05/20/2025 Books