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Is Google (Facebook;Twitter) the World’s Best Economist?

I have been wondering for a while why Economists haven’t made better use of Google keyword search analytics as an economic tool after hearing how Google can predict flu outbreaks with surprising accuracy: http://blogs.wsj.com/health/2010/05/17/google-flu-trends-good-at-suggesting-not-pinpointing-flu-cases/ While Google flu trends is a coarse indicator, I wondered if other Google search terms could be more accurate short-term predictors … Continue reading