A micro-economist friend of mine likes to say that macro-economists have correctly predicted nine of the last five recessions. In “The World’s New Numbers,” in the Spring 2009 Wilson Quarterly, Wilson Center Senior Scholar Martin Walker argues that demographers should be so lucky.Problematic ProjectionsDemographers base their projections on complex models that incorporate current population numbers, … Continue reading With Demography, the Devil Is in the Details—and the Assumptions