Economists

OUTLOOK 2024

Economists had a dreadful 2023

Mistaken recession calls were just part of it

Economist Milton Friedman at a conference in October 2003. He was one of the leading scholars of the “Chicago School of Economics” which championed free markets and minimum government intervention.
THE BROAD VIEW

Laying Chicago economics to rest

From breakthroughs in behavioural economics to mounting evidence in the real world, there is good reason to think that the economic orthodoxy of the past 50 years now has one foot in the grave. But ha...

American economist Claudia Goldin, winner of the 2023 Nobel prize in economics, speaking to the media at Harvard University on Oct 9, 2023. The 77-year-old Harvard professor was given the nod "for having advanced our understanding of women's labour market outcomes", the Nobel jury said.

Claudia Goldin’s Nobel is a win for women and men

The first solo female recipient of the economics prize has blazed a trail by identifying the obstacles to gender equality – and how to overcome them

Song Seng Wun has 30 years of experience as an economist, having covered three regional and global recessions with a focus on the Asean-5 economies.

Economist Song Seng Wun takes on economic adviser role at CGS-CIMB

CGS-CIMB Securities Singapore has appointed veteran economist Song Seng Wun as Singapore economic adviser.

China’s property sector is a key growth driver, accounting for about 30 per cent of its economic output.

No rapid rebound for China’s economy, but stimulus may lift sentiment: economists

INVESTORS should not expect an acceleration in China’s economic recovery, nor a pop in markets, even if talked-about stimulus measures are implemented, economists and analysts said.

Contrary to the predictions of most economists, it's possible that the US will get through this disinflationary period and make the proverbial “soft landing”.
THE BROAD VIEW

Economists finally have a good excuse for being wrong

IT IS possible, contrary to the predictions of most economists, that the US will get through this disinflationary period and make the proverbial “soft landing”. This should prompt a more general recon...

Traders on the floor of the New York Stock Exchange during morning trading on November 02, 2022 in New York City.
THE BOTTOM LINE

Economists see recession coming, so maybe it’s not

Markets have a better record at predicting downturns — but sometimes the inevitable never happens

Economist Ha-Joon Chang's life was changed by the sci-fi novel 'The Hitchhiker's Guide to the Galaxy' that, as he put it, "deployed off-the-wall humour and industrial-grade satire to discuss serious issues".
THE BROAD VIEW

This is the kind of storytelling that economics needs

Science fiction opens the mind to other ways the world could be.

Economists think they can beat the market, but they're probably wrong.
THE BROAD VIEW

‘If economists are so smart, why ain’t they rich?’

AFTER I wrote a newsletter last month on how economists’ views differ from those of ordinary people, I got emails to the effect of, “If economists are so smart, why ain’t they rich?” I’m not an econom...

GDP growth to stay subdued, expansionary fiscal policy likely in next Budget: analysts

GDP growth to stay subdued, expansionary fiscal policy likely in next Budget: analysts

SINGAPORE may have skirted a technical recession - defined as two consecutive quarters of contraction - in Q3, according to flash estimates from the Ministry of Trade and Industry (MTI) on Monday morn...