Abstract
One of the great assets of the present day, it is often argued, is the new information revolution. The World Wide Web is only twenty years old, yet investors now have access to geometrically more information than a generation ago, as well as sophisticated new tools for modeling that information. Even so, our heavy reliance on statistics carries considerable risks, especially on the policy side. The data are rich and accessible, but how accurate and valid are they? Consider a few illustrations.
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Kaufman, H. (2016). Tectonic Shifts. In: Tectonic Shifts in Financial Markets. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-48387-0_14
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DOI: https://doi.org/10.1007/978-3-319-48387-0_14
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