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YMMV / The Economist

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  • Never Live It Down:
    • So far their failure to predict the downfall of the Scandinavian welfare state has not left them in very good standing with the centre-left or much of Sweden, Norway, etc. It doesn't help that they came off across as slightly giddy by the idea that these economies would collapse (since they are social democracies).
    • Subverted after this article, which predicted in 2006 that America wouldn't have a recession because "America's economy has consistently defied its naysayers". Combined with the above one would think it would have done more damage to the magazine but they've actually walked away from it relatively scot free (compared to what happened to economists who made similar mistakes anyways).

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