How Economists Got It Wrong

by Mac in Forex Trading

In keeping with out theme of beating the mainstream press by months and sometimes years — I always try to beat the Noble Laurelates by at least 6 months — I wanted to point to both the massive Krugman piece in the Sunday Times Magazine, as well as referencing similar themes we’ve hit upon over the past few years.

The Krugman article is here:

How Did Economists Get It So Wrong?
PAUL KRUGMAN
NYT, September 2, 2009

http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html

Our most recent effort is here:

Why Economists Missed the Crises (January 2009)

http://www.ritholtz.com/blog/2009/01/why-economists-suck/

The above link details a lot of specifics.  (Any similarity between that and published NYT pieces is strictly a coincidence.)

The following are older pieces, including one at TSCM from 2005:

Mystery of the Awful Economists, part 2 (April 2005)

http://www.ritholtz.com/blog/2005/04/mystery-of-the-awful-economists-part-2/

Mystery of the Awful Economists (Part III) (April 2005)

http://www.ritholtz.com/blog/2005/04/mystery-of-the-awful-economists-part-iii/


The Mystery of the Awful Economists

Real Money, 3/2/2005 3:42 PM EST

http://www.cdn.thestreet.com/p/rmoney/barryritholtz/10211333.html


Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google Bookmarks
  • Yahoo! Buzz
  • TwitThis
  • Live
  • LinkedIn
  • Pownce
  • MySpace

Comments on this entry are closed.