What Economists Don't Know About Economy Is Vast

What Economists Don't Know About Economy Is Vast
AP Photo/Richard Drew

How much will the stock market rise this year? As an economist, I frequently get variations of that question. If I am honest and say I have no idea, the questioner most often walks away with a disappointed look. If I say something like 10.4 percent, the questioner will often be satisfied, even though I have given a random number with no basis in fact.

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