Saturday, January 8, 2011

2011 Warcast

Jed Babbin, RealClearPolitics
Economic forecasters are now much taken with what they call the "black swan" theory. A "black swan" event is one that is not only rare and of extremely high impact but is - retrospectively - entirely predictable. In other words, even though a "black swan" event is a rarity, it's something we should have expected and planned for, but didn't.Every December and January, pundits and Wall Street analysts engage in a festival of predictions on the economy, politics and the next round of elections. It's much more dour to forecast the fortunes of war, but...


Calvert, Ken Camp, Dave Campbell, John Cantor, Eric Cao, Anh \"Joseph\'\'

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