Edgar Fiedler Quotes


When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.


Citations

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.

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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".