The economy: Good, bad, or both?

US Economy: It’s worse (or it’s better) than you think
According to CNBC columnist Jeff Cox, US private job creation is weaker than the data indicates, but writing in The Atlantic, Ruchir Sharma says the state of the economy is really better than many believe.

The Wall Street Journal attempts to explain why jobs data can support both positive and negative analyses of the economy.

Meanwhile in Europe
European Central Bank President Mario Draghi is being criticized for adopting an economic policy that appears to be “more talk than action.” Many, however, were left trying to digest Draghi’s remarks.

Et cetera

Was Milton Friedman a sercret Keynes admirer?

Central banks can’t save the world, nor can economics explain the modern world.





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