Some things don’t really cross one’s mind too frequently.
For example, just how does Jell-O get that wobbly consistency? Or what if Genghis Khan were a vegetarian?
Similarly, in the United States, we don’t spend much time considering the economic impacts of various institutions.
more Our Economy
Hot on the heels of my last column about statistics gone awry, a new “scandal” has gripped the economics profession.
I refer to the recent revelations of a graduate student’s finding that two of the world’s leading economists, Carmen Reinhart and Kenneth Rogoff, made an egregious Excel mistake.
Suppose you went to your doctor’s office with a broken arm. The doctor tells you you’re in luck because there’s some recent research about healing broken bones.
Well, I thought I’d experiment with a little stream of consciousness this month.
Happy New Year. Like many, I find it is a good time to reflect on the year passed and make resolutions for the upcoming year.
First, let’s be thankful the 2012 presidential election is over. We have been bombarded by enough economic nonsense to last us until … 2016. Ideology seemingly won over economic reality.
Now that the election is over - but not politics - maybe it’s time to reflect on the health of the local economy.
And the news is looking positive.