How economists lost traction
Experts are struggling in a less predictable world rife with simple and popular answers
Experts are struggling in a less predictable world rife with simple and popular answers

Forecasts dwelled too much on Donald Trump’s threats and not enough on offsetting factors

History suggests the political approach ends in unsustainable debt and lower GDP

Why write about markets at all?

The statistical blind spot could affect everything from interest rate cuts to investment decisions

Given all this fragility, recessionary or inflationary shocks — or even both together — are conceivable

Economists and tax collectors might be underestimating its impact