Economists Aren’t the Best at Predicting the Economy
==========
A book published in 1980, 'The American Economy in Transition,' edited by Martin Feldstein and including contributions from Nobel-winning economists, business leaders, and public servants, was found to be incorrect in its predictions about the future of the US economy. The problems described in the book are now considered to be of a different era. The author, Tyler Cowen, expresses concern that many current economists are not worried about the correct things.
#Economists #UsEconomy #Predictions
https://www.bloomberg.com/opinion/articles/2024-05-03/economists-aren-t-the-best-judges-about-where-us-economy-is-headed
Bloomberg /
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2024-05-03 14:05:35
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2024-05-03 14:05:35Event JSON
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"content": "Economists Aren’t the Best at Predicting the Economy\n==========\n\nA book published in 1980, 'The American Economy in Transition,' edited by Martin Feldstein and including contributions from Nobel-winning economists, business leaders, and public servants, was found to be incorrect in its predictions about the future of the US economy. The problems described in the book are now considered to be of a different era. The author, Tyler Cowen, expresses concern that many current economists are not worried about the correct things.\n\n#Economists #UsEconomy #Predictions\n\nhttps://www.bloomberg.com/opinion/articles/2024-05-03/economists-aren-t-the-best-judges-about-where-us-economy-is-headed",
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