Surveillance
What Are Economists Getting Wrong Today?
A decade after the financial crisis that nobody saw coming, we ask economists what they might, currently, be missing.
This article is for subscribers only.
At the height of the financial crisis in late 2008, Queen Elizabeth II asked an economist, “Why did nobody notice it?”
Aside from a handful of dismal scientists branded as doomsters before the turmoil hit, the failure was a collective one for economists from Wall Street to academia.