One of the requirements of being a publicly traded company is that every quarter of the year the CEO or some other designated person on behalf of the company has to stand before investors and analysts on quarterly earnings calls and talk about the outlook for their business and the economy as a whole.
Managing a business and managing a national macro-economy require rather different perspectives and skillsets. Business leaders will always favor short-term returns, whereas macro-economists will favor long-term stability.
Managing a business and managing a national macro-economy require rather different perspectives and skillsets. Business leaders will always favor short-term returns, whereas macro-economists will favor long-term stability.