Greg Ip: "Economists Got the Decade All Wrong. They’re Trying to Figure Out Why."
Greg Ip's latest for the
Wall Street Journal is a part of their End of the Decade series.
❝ Economists have been casting around for the answer, a theory to explain their inability to peer accurately in the months ahead, let alone the years. Such a theory must do more than say “The Federal Reserve did it.” It must explain why growth was the most subdued of any expansion since the 1940s and inflation consistently ran below the Fed’s 2% target, the reasons the Fed kept rates so low. ... [WSJ.com]
| GREG IP is the Chief Economics Commentator for the Wall Street Journal. Watch him talk about understanding the economy through trends and policy below, and learn more about booking Greg for your next event today. |