3min chapter

Macro Musings with David Beckworth cover image

Heather Long, Ryan Avent, and Cardiff Garcia on Pandemic Reflections and Economic Predictions for the Future

Macro Musings with David Beckworth

CHAPTER

What Was the Most Overreported but Less Important Story?

In 2020 predictions of massive small business failures and in 2021 predictions of massive evictions across the country as the eviction moratorium expired. I think those, like a good way, right? Over reported because it got the warning signs out there and we reacted to it. The retail trading phenomenon and crypto both in the sense that people were spending all sorts of narratives about how they might revolutionize stuff.

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