In an interview with Bloomberg’s Masters in Business podcast, BCG’s Global Chief Economist, Philipp Carlsson-Szlezak, explains how economies can navigate periods of uncertainty amid macroeconomic shocks. Based on his recent book, he asserts that an overreliance on “master model mentality” overlooks the complexities of macroeconomic relationships and distracts from the bigger picture. Instead of approaching economics like a natural science, Carlsson-Szlezak suggests that “what we need are much more narrative-based, judgment-based, more eclectic approaches to reading the landscape.”