The Economist, October 23-29,2021 issue (1)

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Product Description

Instant economics A real-time revolution will up-end the practice of macroeconomics The pandemic has hastened a shift towards novel data and fast analysis. Does anyone really understand what is going on in the world economy? The pandemic has made plenty of observers look clueless. Few predicted $80 oil, let alone fleets of container ships waiting outside Californian and Chinese ports. As covid-19 let rip in 2020, forecasters overestimated how high unemployment would be by the end of the year. Today prices are rising faster than expected and nobody is sure if inflation and wages will spiral upward. For all their equations and theories, economists are often fumbling in the dark, with too little information to pick the policies that would maximise jobs and growth.

Product Specifications

IssueWeekly
Edition TypeRegular Edition
Year2021

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