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121 sats \ 2 replies \ @Undisciplined 8 Dec \ on: Top Journal Retracts Study Predicting Catastrophic Economic Climate Toll econ
To be clear, even sensationalist garbage isn’t saying a 62% reduction compared to today.
These kinds of claims are counterfactual comparisons of possible futures: ie the year 2100 economy is 62% smaller than it could have been.
Why anyone would trust a 100 year projection based on a macro model in the first place is part of the problem
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Yeah, the part I left out is that no one, including the author, has any confidence in the baseline model.
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