Tag Archives: expectations

Can pessimism on the economy actually help trigger an economic decline?

My post on Quora: More broadly, expectations can play an important role in economic decisions and can sometimes be self-fulling. Economic Decisions and Expectations From the demand side, an economy can be thought of as a series of spending, saving, borrowing and investment decisions by people, companies, investors, national governments, city councils, etc. These decisions can be […]