Noah Smith called out this comment by Robert Frey posted on his article "Peak Oil is dead! Long live Peak Oil!"
Smith added: "YES. Exactly. If physicists predict that an asteroid is going to hit Earth, and so in response we send a bomb and successfully divert the asteroid, you hail the physicists as heroes, rather than deriding them as Chicken Littles. This is something that too many economists and economics and finance commentators tend to get wrong when talking about 'predictions'."