Edgar Fiedler Quotes


There is no formula that will guarantee success in forecasting, no magic words that will part the clouds. The real problem, as the old saw puts it, is that the future lies ahead.


Citations

Fiedler, Edgar R. "Economic Forecasting." The Fortune Encyclopedia of Economics, edited by David R. Henderson, Warner Books, 1993.

Related Quotes

He does not claim that a prediction may not coincidentally turn out to be accurate—just that the predictor has no certainty whatsoever and at best was guessing and at worse manipulating.


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  • Born: April 21, 1929
  • Died: March 15, 2003
  • Nationality: American
  • Profession: Economist

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".