Economist or Iconomist? They needed Analytics!

Gary Cokins
Gary Cokins|April 19, 2011

Have you heard the joke about economists? Most of them are calling them an “iconomist” because they did not foresee the 2009 global credit crisis. Could they have benefited from using more robust analytics than what they relied on? As volatility increases – such as oil prices, foreign currency exchange [...]

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Economist or Iconomist?

Gary Cokins
Gary Cokins|August 31, 2010

Have you heard the joke about economists? Most of them are calling them an “iconomist” because they did not foresee the 2009 global credit crisis. As volatility increases – such as oil prices, foreign currency exchange rates, and commodity prices – the task of macro-economic analysis becomes more challenging. The [...]

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Advocate of Analytics – Economist Paul A. Samuelson (1915-2009)

Gary Cokins
Gary Cokins|December 21, 2009

The death of Paul A. Samuelson, the first America Nobel Laureate in economics, is a sad but expected loss. He was 94. In receiving the Nobel Prize in 1970, Samuelson was credited with converting the field of economics from one that ponders theory about behaviors unintelligible to the common person [...]

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