Now I didn’t actually hear what former Fed chairman Alan Greenspan said today down in Boca Raton. But I couldn’t avoid reading about it, given that his words got big play on most of the financial news sites: In a wide-ranging question-and-answer session at the Futures Industry Association meeting, Greenspan conceded it was “hard to [...]
Robert Kuttner‘s big article on the economic future of newspapers in the current Columbia Journalism Review is a must-read–if, that is, you care about the economic future of newspapers. A couple things stand out. One is Kuttner’s description of the daily reading habits of a certain scarily productive 22-year-old Mainstream Blogger. I opened the conversation [...]
As best I can parse it, there are four ways to forecast the economic future. None of them works very well, but each has its uses. And with lots of people right now wondering whether the subprime lending mess and the global stock market jitters presage an economic downturn, I think it might be helpful [...]
