forth telling

Edgar R. Fiedler was an American economist who served both the Nixon and the Ford presidencies, dying in 2003. Fielder was a rather entertaining sort who at one time came up with what he called “Fiedler’s Forecasting Rules.” Here they are: It is very difficult to forecast, especially about the future. He who lives by the crystal ball soon learns to eat ground glass. The moment you forecast, you know you’re going to be wrong — you just don’t know when and in which direction. If you’re ever right, never...