“IF YOU HAVE DIFFICULTY DEALING WITH UNCERTAINTY, YOU WILL HAVE DIFFICULTY DEALING WITH LIFE.” Professor Michael Dugas.°
This might be a year in which economists are irrelevant. Yes, a few of the deservedly, and some of the undeservedly famous might temporarily tip share prices one way or another, but during this year economists are flying blind, their models as nothing in the face of uncertainty. As Oxford university scholar Jan Eitking recently put it, perhaps a bit har…