The Week That Matters (10-14 Mar, 2025)

“Sometimes I wonder whether the world is being run by smart people who are putting us on, or by imbeciles who really mean it.” Mark Twain

Recession?

Larry Summers has observed inflation and recession in every nook and cranny since the 1970s. The man is obsessed. Occasionally, he gets it right but given his elevated position in academia, it’s surprising how often he is flat-out wrong. What about now?