Each December, The Economist forecasts the coming year in a special issue called The World in Whatever-The-Next-Year-Is. It’s avidly read around the world. But then, like most forecasts, it’s forgotten. The editors may regret that short shelf-life some years, but surely not this one. Even now, only halfway through the year, The World in 2011 bears little resemblance to the world in 2011. Read the complete article on the Cato website
here.