EX ANTE and EX POST to Understand the Recent Past and Near Future

Trifu A

Published on: 2022-12-26


In this moment of the balance and forecasts for the New Year to come, I consider that the famous economic terms coined by Gunnar Myrdal, from the Stockholm School of Economic Thought in 1937, are still valid, even of a scale that exceeds the strictly economic. In fact, the Stockholm School introduced the anticipations in Economics. The same phenomenon, process, or variable can be analyzed both ex ante and ex post, as forecasts for the next periods and at the time, or after their realization. Important is to see and understand in which point we are now, at the end of 2022.