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<p>[QUOTE="Mr. Flute, post: 3696460, member: 33154"]But you/we can't without getting into the (geo)politics of the 'desires' underpinning the Market. It's a political construct not a natural science.</p><p><br /></p><p>The GSR appears, to me, to be a self referential feedback loop that is completely backwards looking and not useful as a predictive tool as jeffb stated.</p><p><br /></p><p>Since human behavior is somewhat similar across time especially in its modern incarnation (aka late 20th cent. to present), I'd be willing to relay on the predictive ability of History.</p><p><br /></p><p>But, if Asimov was right, we need about 25,000 years of advanced human history to predict future human history - aka pyschohistory - <a href="https://en.wikipedia.org/wiki/Psychohistory_(fictional)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Psychohistory_(fictional)" rel="nofollow">https://en.wikipedia.org/wiki/Psychohistory_(fictional)</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Mr. Flute, post: 3696460, member: 33154"]But you/we can't without getting into the (geo)politics of the 'desires' underpinning the Market. It's a political construct not a natural science. The GSR appears, to me, to be a self referential feedback loop that is completely backwards looking and not useful as a predictive tool as jeffb stated. Since human behavior is somewhat similar across time especially in its modern incarnation (aka late 20th cent. to present), I'd be willing to relay on the predictive ability of History. But, if Asimov was right, we need about 25,000 years of advanced human history to predict future human history - aka pyschohistory - [URL]https://en.wikipedia.org/wiki/Psychohistory_(fictional)[/URL][/QUOTE]
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