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Summers: No Economist Can Predict the Economy’s Future « The Washington Independent

Jul 31, 2020
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Speaking before a gathering of business leaders Thursday, Larry Summers, who heads the White House Economic Council, delivered what might have been the most honest assessment yet of the nation’s economic recovery.
Asked when the economy will rebound, Summers said there are only two types of experts out there wrestling with that question: “Those who know they don’t know, and those who don’t know they don’t know.”
Based on the range of predictions we’re hearing, that seems fair enough.
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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