Confidence – the ultimate economic factor ?
January 31st, 2011 by Stephen Archer | View Comments
Intuitively we all know that confidence is a critical factor in the economy. But economists struggle to measure it and some struggle to even fully acknowledge it and its effects. When the crunch effect was rampant between autumn 2008 and mid 2009 the confidence amongst business and financiers was close to zero. How else would…

