The title economics probably elicits a yawn from most people. It was Thomas Carlyle who called it the "dismal science" back in 1849, and rather than dismal, I might call it "arcane." There are so many economists and quite frankly so many bad ones that it calls the whole discipline into question. However, it is important to have an economic resource (economist) that helps you understand what is happening in the economy when the myriad of bad economists end up on the talk shows telling you the sky is falling and you better take cover. I have just that economist.
Brian Wesbury is a no-nonsense, level headed economist. He works for a firm in Chicago area called First Trust Portfolios, is a frequent contributor to CNBC, and a couple years ago was voted the best "new era economist" by the Wall Street Journal.
I have been following him for a few years now, and he is most often right about what is going on in the world. A few years ago, when the market was in the tank, he was the only economist out there talking about how things were actually improving, not getting worse. He turned out to be dead right. Last year, when it seemed every economist was talking about rate cuts, Brian was saying no way. He has proven right about that as well.
If there is a downside to following Brian's views, it is that he can frequently be early in his analysis. It takes the market often a couple months to come around to the reality that Brian had forcasted. Check out his site and his market analysis by clicking on the link. He updates his research every Monday and after major economic news. He can be a voice of reason in an uncertain and misguided world.
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