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Column: How were so many economists so wrong about the recession?

Federal Reserve Board Chairman Jerome Powell speaks during an interview by David Rubenstein, chairman of the Economic Club of Washington, D.C., at the Renaissance Hotel on Feb. 7 in Washington, D.C. (Julia Nikhinson/Getty Images/TNS)
Federal Reserve Board Chairman Jerome Powell speaks during an interview by David Rubenstein, chairman of the Economic Club of Washington, D.C., at the Renaissance Hotel on Feb. 7 in Washington, D.C. (Julia Nikhinson/Getty Images/TNS)
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How did so many economists miss the mark when predicting the near certainty of a recession, Bloomberg Opinion columnist Tyler Cowen asks.

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