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Tag Archives: Andrew Smithers
AI – Putty-Putty or Hard-Baked Clay? – Andrew Smithers
This article was sent me by Andrew Smithers on 1st May 2026. You can read about Andrew here. Introduction. The world economy is currently fragile due to its imbalances, which include excessive share prices and, for several key countries, … Continue reading
Posted in pensions
Tagged Andrew Smithers, Bonds, Economy, equities, Exonomics, Hard Baked, Putt-Putty
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Coming to terms with fiscal and trade deficits – Andrew Smithers
Coming to Terms with Fiscal and Trade Deficits has recently published by American Affairs, and is summarised below by author and economist Andrew Smithers You can read the American Affairs Journal article here. Your own copy can be downloaded as … Continue reading
Posted in pensions
Tagged Andrew Smithers, Deficit, fiscal deficit, fiscal surplus, Rade, trade surplus
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Andrew Smithers on Tangible and Intangible assets
I have received this message together with a paper This recently published paper tests the validity of changes made in the calculation of US national accounts, most importantly BEA’s revisions No.s 11 and 14, and concludes that they were a mistake … Continue reading