People who have an ideological viewpoint tend to let their ideology cloud their vision of being able to see through the data, and view the world objectively. A great example of this is if someone thinks something should work a certain way, and it doesn’t, then they believe the results will be far worse than they would be in reality. While having ideological viewpoints are not always a bad thing, it’s important to recognize these viewpoints to reduce any subconscious thought process shifts.
Our guest for today is Gene Epstein who is the former Economics and Books Editor of Barron’s. He is also an author whose last published book was “Econospinning: How to Read Between the Lines When the Media Manipulate the Numbers.” Gene has taught economics at the City University of New York and St. John’s University and worked as a senior economist for the New York Stock Exchange.
Today we are going to discuss…
- What data our guest is looking at that suggests we are NOT headed for a massive depression
- Why our guest believes we have achieved herd immunity in several states, which may have a significant positive impact on the economy
- Why our guest believes the U.S. might be headed for some trouble, but in close to 10 years as opposed to right now
Learn more about our guest:
Episode 143