Human biases undermine the necessary art of forecasting Tyler E Nixon/Getty
POLITICS, extreme weather events, international crises: all instances in which you might feel you would want an expert handling things at the top. Someone experienced and with reasoned judgement would, you might hope, be able to anticipate, or at least handle, the unforeseen.
In (Biteback Publishing), Paul Goodwin reveals just how deeply the forecasting industry has become entwined in our everyday lives. It keeps supermarket shelves full, ensures that call centres are adequately staffed and anticipates demand on the electricity grid.
Yet prediction…
