Forecasting the U.S. economy has become much more challenging, increasingly akin to reading tea leaves than analyzing the results of finely tuned algorithmic models. Part of the problem is that the U.S. economy has drifted into the Great Uncertainty, which is being defined by a multitude of contradictory data signals, a greater emphasis on state-led industrial policy (with massive amounts of money being pumped into targeted sectors over a relatively short period of time), and the popping-up of unexpected geopolitical problems.
The Demographic Reckoning: Colleges and the Future of America’s Economy
October 27, 2026
October 16, 2026By Scott B. MacDonald, Ph.D.Chief Economist Demographics, Higher Education, and Future Economic Paths: It was H.G. Wells, author of The Time Machine and War of the Worlds, who stated, “History is a race between education and catastrophe.” In…...
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