Director’s Blog

Future positive

Tom Healy, Director NERI - Tom Healy, Director NERI

Let me begin this year with a confession. Had the NERI been in existence 11 years ago in January 2008 we might have anticipated an economic slow down rather than the biggest global economic crash since the 1920s.  Economists and others, naturally, extrapolate from various trends over the preceding years and based on early warning signs of trouble on international financial markets. Maths is just a refined way of presenting assumptions and extrapolations from a known past to an unknown future.

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