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Federal Outlook: The Naked Emperor

In: The Public Debt Problem

Author

Listed:
  • Pierre Lemieux

Abstract

The epigraph above is often attributed to the late Danish physicist Niels Bohr, but some claim that it was authored by his fellow citizen cartoonist Robert Storm Petersen or by American novelist Mark Twain. The humor comes from the fact that scientist do try to predict both the past and the future, and that they are indeed more successful in the former than in the latter. The failure at predicting the future is especially notable in the social sciences, but is not unique to them: although physicists regularly hit the mark, astronomers and meteorologists, to name only those, are often far off.

Suggested Citation

  • Pierre Lemieux, 2013. "Federal Outlook: The Naked Emperor," Palgrave Macmillan Books, in: The Public Debt Problem, chapter 0, pages 61-76, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-31302-7_5
    DOI: 10.1057/9781137313027_5
    as

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