Does anybody have a link to the complete article, I'd like to read it.
And who is Dan Nidess? I don't know a whole lot about economics, but I do know that semi-knowledgeable people like myself are usually wrong about economic issues.
And who is Dan Nidess? I don't know a whole lot about economics, but I do know that semi-knowledgeable people like myself are usually wrong about economic issues.
The knowledgeable people are even more wrong about economic issues. The history of economics and economists is a history of failure. So your shouldn't be so down on yourself.
According to one of today's great economist, we are supposed to be in a global depression without end.
"So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."
https://www.nytimes.com/interactive/projects/cp/opinion/elec...
I was mostly speaking about issues like the deficit. I used to subscribe to the deficits are bad theory of budgets. If I shouldn't run my household with a deficit, then how does it make sense to run the country with a deficit? Turns out, they aren't the same thing.
https://www.realclearpolitics.com/2017/08/14/why_a_universal...
In Firefox' reader mode you even do not get any popups if there could be any.