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Economic Predictions

A VERY Prosperous New Year!

Terry Savage | Posted 03.05.2014 | Money
Terry Savage

There was plenty of gloomy economic news throughout the year. Yet, despite all those economic issues, the stock market ended the year at record highs, with the Dow up 25 percent and the S&P 500 up nearly 30 percent.

Is Economics a Science?

Jared Bernstein | Posted 10.26.2013 | Business
Jared Bernstein

Because economics both poses as a hard science and fails to generate reliable predictions, establishing economic facts is an elusive exercise. Battling statistical analyses come to opposite conclusions on the impact of fiscal stimulus, changes in tax rates, wage mandates, regulations, and so on. Into this void steps money and power, such that today we find ourselves with think tanks staffed by economists who provide their clients with the answers they seek. And since those with the deepest pockets can buy the results that best serve their goals, it is increasingly difficult to generate the wealth of evidence needed to offset market failures, inequities, and even existential threats.

THEY GOT IT WRONG

The Huffington Post | James Sunshine | Posted 08.17.2012 | Business

Everyone is wrong sometimes. Even economists, politicians and pundits. Predictions about the economy can often be confusing and contradictory. Is i...

Policy Pseudocertainty

Eric Schoenberg | Posted 10.17.2012 | Business
Eric Schoenberg

The future of government policy in a democracy is always uncertain. Unless Governor Romney wants to create a dictatorial regime able to prevent future policy changes, the real issue is not certainty but pseudocertainty.

Economists, Analysts Predict How The Average American Will Fare In 2011

The Huffington Post | Ryan McCarthy and Amy Lee | Posted 05.25.2011 | Business

We all remember the worst of 2010: high unemployment, an ongoing foreclosure crisis and megabanks, whose legally dubious practices in foreclosing on m...

The Unknowable Lightness of Being

Zachary Karabell | Posted 05.25.2011 | Business
Zachary Karabell

The consensus about the future, based on predictions that have never been right in the past, is for anemic economic activity through the fall and then fairly decent into next year with still high unemployment.

CNBC's 2009 Stock Predictions

CNBC | Posted 05.25.2011 | Business

This New Year, if your resolution is to give your investment portfolio a much needed boost, you may be in luck. While the overall market is unlikely ...

Necessity is the mother of social innovation

Lucy Bernholz | Posted 11.17.2011 | Healthy Living
Lucy Bernholz

Reposted (with edits and additions) from philanthropy2173 Ah, December. The anticipation of snow, unless you're already several feet under. The warmt...