The world’s greatest economists will be at a loss to explain the confusion and an international crisis of fear will develop. David Wilkerson, ‘The Vision & Beyond’
It is no surprise that the overwhelming majority of economists Ben Bernanke apparently among them, have been as surprised by the train wreck now hurling toward our economy as has been the laity. Economists are at a loss regarding how to avoid the train wreck’ no [one] would ever suspect that the economics profession would be as unprepared and helpless to deal with that calamity as the profession has shown itself to be.
The Daily Princetonian, 02/08/09