Their predictions of rising inflation were wrong.
This, in turn, led to predictions of rising savings rates after World War II, and hence a persistent shortage of demand — hence the secular stagnation theory briefly prominent.
Britain has a longer coastline than India, and it will be impossible to maintain existing sea defences over the next century if the most cautious climate scientists' predictions of rising seas come true.
THE biggest unknown factor in making predictions of rising sea levels in response to global warming is the role played by the massive ice sheets that cover Antarctica and Greenland.
But just as predictions of rising government surpluses and the slowing economy gave a lift to his sweeping tax-cut initiative, the California crisis has aided Mr. Bush's efforts to sell an energy policy that in more normal times would probably have faced intense opposition.
With 48 hours to go before the apocalypse descends upon us -- with dire predictions of rising Treasury bond yields and plummeting stocks -- markets remain largely unaffected.
IN THE latest wave of criticism of Thomas Piketty's wonky blockbuster, "Capital in the Twenty-First Century", Per Krusell at Stockholm University and Tony Smith at Yale University argue that the book's prediction of rapidly rising inequality is based on extreme and implausible assumptions.
That was below analysts' expectations of 3.4 percent, a prediction buoyed by reports of rising foot traffic, online spending and early holiday sales.
A bleak prediction of the consequences of rising sea levels, McDonagh's book is set in a nightmare vision of Cheshire in the not-too-distant future: "When we first came here the golf course was a progression of green velvet swirls.
