Jonathan Madison

History teaches us that human beings detest the idea of uncertainty. We are always looking for the “silver bullet,” the “hidden treasure” or the “secret formula,” to bring certainty to the unknown. This has driven our capacity to study, learn and make educated interpretations about events that affect the world around us.

Economic forecasting and interpretations can be traced back to the ancient Egyptians in their prediction of the harvest, or what some may call their GDP. The first weather forecasts were published in 1861 by Admiral Robert FitzRoy, the first of many to successfully analyze atmospheric signs to interpret the weather. With time and vast technological improvements, society has become fairly efficient in making interpretations about many aspects of our world. This includes election polling data, looming budget deficits, economic booms and busts, wars, storms and natural disasters.

Recommended for you

Recommended for you

(1) comment

jbarrettjr

You are very wise and inspiring. Thanks very much for your message!

Welcome to the discussion.

Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.

Thank you for visiting the Daily Journal.

Please purchase a Premium Subscription to continue reading. To continue, please log in, or sign up for a new account.

We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.

A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!

Want to join the discussion?

Only subscribers can view and post comments on articles.

Already a subscriber? Login Here