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Few economists saw our current crisis coming, but this predictive failure was the least of the field’s problems. More important was the profession’s blindness to the very possibility of...
Stanley Fischer is the current governor of the Bank of Israel and the adviser to Ben Bernanke on this doctoral thesis at MIT. He believes the worst of the fallout from the financial crisis is yet...
Robert Schiller just published an interesting article in the NY Timers on why human beings, and especially top economists miss diagnosing a market bubble until it is too late. The answer shouldn't...
Nouriel Roubini has become renown for having predicted the impending credit and bank crash. He predicts a severe recession and expects markets to decline another 20-30% before bottoming out.