Comments on: Why Should You Care If Economists Raise U.S. Outlook ? http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 14:04:19 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: New Jersey CFO » Look, let’s not beat around the bush: Wall Street economists, as a group, well, they suck. http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-193140 New Jersey CFO » Look, let’s not beat around the bush: Wall Street economists, as a group, well, they suck. Tue, 14 Jul 2009 12:59:37 +0000 http://www.ritholtz.com/blog/?p=31848#comment-193140 [...] Why Should You Care If Economists Raise U.S. Outlook? - The Big Picture [...] [...] Why Should You Care If Economists Raise U.S. Outlook? – The Big Picture [...]

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-192281 Mark E Hoffer Sat, 11 Jul 2009 08:33:29 +0000 http://www.ritholtz.com/blog/?p=31848#comment-192281 BR, speaking of School, would you know Evelyn Berezin, Founder (Ret.), Redactron Corporation? http://www.sunysb.edu/sb/giving/foundation-board.shtml I understand that she's a rather remarkable Woman.. BR,

speaking of School, would you know Evelyn Berezin, Founder (Ret.), Redactron Corporation?
http://www.sunysb.edu/sb/giving/foundation-board.shtml

I understand that she’s a rather remarkable Woman..

]]> By: Transor Z http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-192227 Transor Z Sat, 11 Jul 2009 00:48:22 +0000 http://www.ritholtz.com/blog/?p=31848#comment-192227 I was a <i>cum laude</i> type also. Now I only see a porn joke in that term and am much the happier for it. I was a cum laude type also. Now I only see a porn joke in that term and am much the happier for it.

]]> By: Christopher http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-192208 Christopher Fri, 10 Jul 2009 22:32:02 +0000 http://www.ritholtz.com/blog/?p=31848#comment-192208 "Prostitutes hired to be upbeat oracles." Duffer fluffers. “Prostitutes hired to be upbeat oracles.”

Duffer fluffers.

]]> By: tagyoureit http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-192028 tagyoureit Fri, 10 Jul 2009 18:21:30 +0000 http://www.ritholtz.com/blog/?p=31848#comment-192028 @Kent I agree with you about good judgement over knowledge. But unless you're a Taoist farmer, good fortune trumps knowledge and judgement. I guess Plato kinda said that already. @Kent

I agree with you about good judgement over knowledge. But unless you’re a Taoist farmer, good fortune trumps knowledge and judgement. I guess Plato kinda said that already.

]]> By: I-Man http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-191993 I-Man Fri, 10 Jul 2009 17:10:36 +0000 http://www.ritholtz.com/blog/?p=31848#comment-191993 Hey they just want to keep people long... Hey they just want to keep people long…

]]> By: danm http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-191979 danm Fri, 10 Jul 2009 16:57:29 +0000 http://www.ritholtz.com/blog/?p=31848#comment-191979 Funny how grades in school don’t correlate with real life performance. I’m one of the cum laude types - never helped me in real life -------- So you're telling us that you are not in the top 10%? Or are you telling us that you are but your education has nothing to do with it? Right. Funny how grades in school don’t correlate with real life performance. I’m one of the cum laude types – never helped me in real life
——–
So you’re telling us that you are not in the top 10%?

Or are you telling us that you are but your education has nothing to do with it?

Right.

]]> By: Stuart http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-191966 Stuart Fri, 10 Jul 2009 16:30:29 +0000 http://www.ritholtz.com/blog/?p=31848#comment-191966 "they were institutionally biased, preternaturally accepting of questionable data, and wed to outmoded belief systems of efficient markets" Bingo... and very well said. I view them as contrarian indicators. I know that sounds facetious, but it's true. The public has not been well served by this application of this discipline. Not so much that "sciences" behind economics are faulty in as much as the human bias corrupts it. “they were institutionally biased, preternaturally accepting of questionable data, and wed to outmoded belief systems of efficient markets”

Bingo… and very well said. I view them as contrarian indicators. I know that sounds facetious, but it’s true. The public has not been well served by this application of this discipline. Not so much that “sciences” behind economics are faulty in as much as the human bias corrupts it.

]]> By: willid3 http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-191958 willid3 Fri, 10 Jul 2009 16:18:52 +0000 http://www.ritholtz.com/blog/?p=31848#comment-191958 found this (old but applicable?) http://economistsview.typepad.com/economistsview/2009/07/economists-on-trial.html found this (old but applicable?)
http://economistsview.typepad.com/economistsview/2009/07/economists-on-trial.html

]]> By: Mike in Nola http://www.ritholtz.com/blog/2009/07/why-should-you-care-if-economists-raise-us-outlook/comment-page-1/#comment-191928 Mike in Nola Fri, 10 Jul 2009 15:48:34 +0000 http://www.ritholtz.com/blog/?p=31848#comment-191928 Barry: My recollection is that you won a bet with some shmuck about when the recession started. Did you win? Did you ever collect? Barry: My recollection is that you won a bet with some shmuck about when the recession started. Did you win? Did you ever collect?

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