It’s been said physics explains 99% of the world with three laws, while economics explains 3% of the world with 99 laws. We found the data in the table interesting for a number of reasons, but namely for the fact that it would be nearly impossible for a trained economist to make sense of the past five or so years given these snapshots in time. Central banks are said to have entered the ‘age of improvisation’ and it shows here (though we think there’s some method to the madness):
