"We're enjoying great momentum in the market, which we should take advantage of, " Mr Jolstad says.

BBC: Magic Desktop browser

But some techniques have worked well in the past, and we should take advantage of any insight that these techniques offer us.

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The narrative he builds is one that compels us to become more comfortable with math and statistics, one that suggests we should take advantage of machines where possible, and one in which we cannot lose the human element guiding the analysis if we want to avoid catastrophic chaos-theory driven failures to which machines are susceptible.

FORBES: A Guide to Thinking In the Era of Big Data: Nate Silver's "The Signal & The Noise"

Discussed in previous articles, we should continue to take advantage of Quantitative Easing whereby the Federal Reserve is a substantial purchaser of federal debt.

FORBES: Fiscal Cliff Deferred, Tax Legislation Is only Part of the Equation

We believe that iPad sales will remain strong, and Apple should be able to take advantage of the holiday season when the consumer spending is at its peak (see Apple Should Toast Tablets This Holiday Season).

FORBES: Amazon Flowing To $233 As Kindle Fire Sizzles, Takes Number Two Tablet Spot

The takeaway is that economists should stress the cosmopolitan, and instead of dismissing cosmopolitanism as merely implying untenable open borders we should be focusing on how to create immigration policies short of open borders take as much advantage as possible of these trillion dollar bills.

FORBES: Cosmopolitan Economists