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The essential macroeconomic problem
There's an entire school of economics based upon the idea that we can't actually know, in detail, what's happening out there. The economy is simply too complex for us to ever be able to gain accurate and timely information about it. Hayek gained his Nobel largely for his investigation of this point and at a certain level of detail of course he's right.
It's also true that at a certain level of blurriness we can know useful things in good time about what is happening out there. Really the argument is