Economic Equilibrium: Sunspots vs. Fundamentals - Which Drives US Economy?
The article discusses whether the US economy is in a stable or unstable state. The researchers show that it's hard to tell for sure because of limitations in testing methods. They present two economic models to illustrate this: one where the economy is unstable due to random factors, and another where it's stable due to underlying factors. Both models look the same when analyzed, making it tricky to distinguish between the two scenarios.