“Sometimes the only honest response to a question is “I don’t know.” In recognizing that, one may rely just as much on imagination, because one needs it to determine that several competing hypotheses are equally compatible with one’s evidence.”
Saying that you don't know something does not mean that you are ignorant. It might mean that you can see many plausible answers, and this knowledge prevents you from forming conclusions with certainty. I don't often meet new people, but the last few weeks I've engaged in a lot of small talk with strangers. I sometimes find myself with non-economists saying that "I don't know" in answer to a question, to which they might respond "me neither". My urge is to say, "well hang on, I don't know, but but in the same way that you don't know".
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