Kauffman Economic Outlook A Quarterly Survey of Leading Economics Bloggers

[harset]

Havent gone thru this.........but where was EJ when this was conducted????

[Alvaro Spain]

Re: Kauffman Economic Outlook A Quarterly Survey of Leading Economics Bloggers

Havent gone thru this.........but where was EJ when this was conducted????

I don't know why but the real worthwhile things in life appear to be for a minority of people. Altough, in my opinion, EJ could deserve a Nobel Prize in Economics, he will probably be consistently ignored, at least while he maintains his integrity.

[metalman]

Re: Kauffman Economic Outlook A Quarterly Survey of Leading Economics Bloggers

I don't know why but the real worthwhile things in life appear to be for a minority of people. Altough, in my opinion, EJ could deserve a Nobel Prize in Economics, he will probably be consistently ignored, at least while he maintains his integrity.

why ej not on the list? four letter word... g.o.l.d.

the economics bloggers listed aspire to be feldstein & roubini

ej just stands up & pees on them...

Conclusion

The term “bubble” used to have a specific meaning that made it useful. It referred to a multi-year process of asset price appreciation that attracted an ever expanding group of participants into a sphere of influence based on false beliefs, promoted by the industry that manufactures the asset in question, disseminated by the asset manufacturing industry’s trade press, and enabled by government tax, regulatory, and monetary policy. Now it means little more than the instance of the price of an asset rising more rapidly and to a higher level than the observer can explain, which asset the observer very likely did not have the perspicacity to buy at a lower price. A wager that neither Feldstein nor Roubini own any gold is as safe a bet as any one can make, and I can think of no more reliable an indicator to help us time our sales of gold than learning that either Feldstein or Roubini is buying it.

bwah ah ha! hilarious!