Survey result: Pessimistic economists
Just released, survey points to pessimism among majority of economists regarding near-term future. Well, it is about time to recognize the fact. There are a couple of possible explanations why it took so long. First, there is a certain lag in data collection and processing, and economists by nature are wary of drawing premature conclusions. Or that the majority surveyed now happened to be left-leaning economists. In my experience, most free-marketers are more optimistic in general, while the left is dooms-day-coming. I am afraid in that respect I do not conform :-). // *
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