Here we are EOM February, have economic projections improved under Trump? I do not believe, this administration gives a damn about economic projections. It is open to questions though. 🙂…

…not to see policy assumptions at work, but we don’t know. We look to Fed officials as skilled in economic forecasting and monetary policy, but there’s no reason to think…

…with the public consequences of economic actions. For over a century now, this discipline has called itself economics and its subject matter has been the economic decisions made by individuals,…

…Economist David Zetland’s review of “Basic Economics” at his site: The one-handed economist. I’ve known of Thomas Sowell‘s writings for many years, often enjoying his pithy summaries of important economic ideas….

…Sowell published this book in 2003/2008. I found it more interesting to read than his Basic Economics (2005) because here he focusses on a few big topics. Here are some excerpts: Politics vs Economics…

…forecasting. But foxes who don’t care aren’t very good at it either. The best forecasters would appear to be foxes who really really want to win the game of forecasting….

…incentive for most academics is to get publications, often within a limited time frame. When the focus of macroeconomic analysis is on internal consistency rather than external consistency, then it…

How good are economists at forecasting economic variables? That will be the topic for discussion at this week’s Econoblog at WSJ.com (look for it late Wednesday or early Thursday). James…

I told you so: the March employment report showed a slowdown in the leading sectors For the past few months, I have been forecasting a jobs slowdown. That has been…

…246,750. With a one week delay, continuing claims increased 11,000 to 1,729,000: More importantly for forecasting purposes, the YoY% increases were 7.2% for the weekly number, 14.5% for the 4…