Chance News 107

Quotations

"Mr. Slemrod [a public finance economist at the University of Michigan] also urged economists to talk in terms of ranges rather than point estimates when discussing how taxes affect the economy, to reflect the fact that these figures are simply educated guesses. But he understands why they don’t. 'Washington wants a number,' he said. “Washington doesn’t like confidence intervals.'"

in: How economists forecast growth under Jeb Bush? By guessing, New York Times, 14 September 2015

Submitted by Bill Peterson

Forsooth

The last edition of Chance News included a story on Lightning and the lottery, which is reminiscent of the following greeting card:

Submitted by Alan Shuchat