Simon Wren-Lewis, one of my favorite academic economists, has a very interesting post on his blog on economic reporting without economics. I have been on this subject for a while now, but more explicitly in the recent past (see here and here).
At the very best, a new branch of economics has been "created" although it doesn't go through the formal route of rigour and logic, which Prof. Wren-Lewis cleverly calls media macro!
And still the posturing continues!
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