Three of the costliest policy failures in recent decades—
- the 2008 financial crisis,
- the Covid lockdowns and
- the campaign for rapid decarbonization
- Problems began with the output of complex, unvalidated models presented as facts.
- Institutions and public figures under pressure to appear authoritative ignored uncertainties.
- Along with the press, these institutions and people became arbiters of truth, amplifying the declared consensus rather than critically assessing the evidence...

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