Edgar Fiedler Quotes
If you have to forecast, forecast often.
Fiedler, Edgar R. "The Three Rs of Economic Forecasting—Irrational, Irrelevant and Irreverent." Across the Board, vol. 14, no. 6, The Conference Board, June 1977, p. 62.
Patton distrusted planners although he required his staff to create endless plans for almost every possible contingency. His difficulty with “ planners” was that would change modify or replace a plan the instant conditions on the ground did not follow the assumptions of the plan.
Edgar Russell Fiedler was an American economist who served as Vice President of The Conference Board and as Assistant Secretary of the Treasury for Economic Policy (1971 - 1975) during the presidencies of Richard Nixon and Gerald Ford. He authored "The Roots of Stagflation".