How the Internet Is Changing What Economists Do

During the Republican tantrum over Obamacare that caused the government shutdown and the threat to default on the debt, economists were asked how these events would affect the economy. Unfortunately, as evidenced by their performance during the Great Recession, real-time analysis of the economy is an area where economists do not do very well.

via How the Internet Is Changing What Economists Do | The Fiscal Times.

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