MiB: Bill McBride, Calculated Risk & the Case for Facts

This week on Masters in Business I sit down with Bill McBride of Calculated Risk, widely regarded as the best economics blog on the planet.

McBride & CR were famously dead right — in public, in print and in real time — about the impending housing collapse in 2006, the recession in 2008, the economic recovery in 2009, and the housing recovery in 2010.

I have known Bill for more than a decade, and while we have exchanged many, many emails, and occasionally chatted over the phone, this was the first time we actually sat down and had a one-on-one conversation. We talked about how the Calculated Risk blog developed, why it is data and fact driven, and why he so rarely offers his own opinions on anything economic. He also explains how Tanta became his co-blogger, and what she meant to the site — as well as the loss felt by her passing.

He takes on some of the less objective economic analysts — he does not have kind things to say about Zero Hedge and others who insist that economic data is faked or otherwise manipulated. And he talks about the ongoing expansion, and why it is not yet finished.

You can hear the full interview, including the podcast extras, by streaming it below; you can also download the podcast at iTunesSoundcloud or Bloomberg. All of our earlier podcasts can be found at iTunes, Soundcloud and Bloomberg.

Next week, we speak with Matthew Weatherley-White of the CapRock Group on impact investing.



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