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Pushing to Full Employment: A Trump Dividend?





Economists are not very good at economics. We repeatedly get reminded of this fact when we see the economy act in ways that catches the bulk of the profession by complete surprise.

The most obvious example is the housing bubble, whose collapse gave us the financial crisis and the Great Recession. Almost no economists saw the bubble or the potential hazards posed by its bursting. But this is just the beginning of what economists got wrong in recent years.

Not only did the bubble and its collapse catch them by surprise, the recovery turned out to be much weaker than read more >>>

Source:: HuffingtonPost.Com

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