Interesting comments on an article in the Economists.

David Lereah, chief economist for NAR told Washington Post in 2005 " Any talk about the housing market crashing is ludicrous."

How many scientists, even the self proclaimed ones here (though it bears noting that an enigneer is about as much a natural scientist as an economist, a sociologist or a linguist is), have you ever heard call it "The THEORY of Global Warming"?

If it's a serious question, here is the reason why economists will sometimes recommend spending money in a recession (don't attack me for this answer, I'm not saying I agree or disagree with it...just that this is the logic behind the idea):Pouring money into the economy spurs consumer and business spending, which increases demand, forcing businesses to up productivity, thus creating jobs, which in turn continues to spur consumer spending and the cycle continues.A good example is WWII, where the trillion dollars spent on the war spurred a huge economic recovery in this country.

Robert Shiller thinks we may be doing just that.US Housing Market Could Be Facing Another Bubble: ShillerThe housing market, which already has been battered by the worst collapse since the Great Depression, could be setting itself for another bubble, well-known economist Robert Shiller told CNBC.With home affordability at a 40-year high, there is "absolutley" a possibility that the housing market will face another bubble in the next five years, said Shiller, an economics professor at Yale, co-founder of MacroMarkets and co-developer of the monthly Case-Shiller home price index."

Wall Street economists expected a drop to 550,000, according to a survey by Thomson Reuters.http://finance.yahoo.com/news/Mortgage-delinquencies-hit-apf-1442009590.html?

According to an article in the Economist, turkeys are gaining weight even faster than Americans.

Why are economists talking about deflation when so much money is being printed by governments all over the world in order to revive the world economy?

His skills are not as an economist or stock analyst, which are occupations that require an ability to predict the consequence of new laws on an industry.3.

Charles, this is actually something that many economists have been advocating for a long time.