Blogging the Bookshelf

Blogging my bookshelf – one book at a time

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Entries Tagged as 'GFC'

The Predictable Housing Bubble – “The Signal and the Noise: The Art and Science of Prediction”, Nate Silver

November 15th, 2012 · Comments Off on The Predictable Housing Bubble – “The Signal and the Noise: The Art and Science of Prediction”, Nate Silver · Data, Economics, ICT, Policy

Paul Krugman, the Nobel Prize–winning economist, wrote of the bubble and its inevitable end in August 2005. “This was baked into the system,” Krugman later told me. “The housing crash was not a black swan. The housing crash was the elephant in the room.” Ordinary Americans were also concerned. Google searches on the term “housing […]

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