"What a great site! I'm impressed by the great stuff you've pulled together. It merely confirms my long-held belief that economics CAN be interesting.... All the best"- Charlie Wheelan, aka The Naked Economist
Tuesday, December 26, 2006
You think that You are Confused?
To make you feel better, economists are completely befuddled by the current state of the economy. On the one hand, the Housing Investment Binge is over. But on the other hand, we are spending more than ever, and real incomes are rising. What a dilemma for Central Bankers, Policy Specialists and AP Econ Teachers. Well, as one wag put it- "Physics is incomprehensible. Economics just doesn't make any sense".
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