Tuesday, February 5, 2013
So I hear there's some sort of election going on this week (did you hear something?). Earlier this year, we talked about an impressive effort by the inhabitants of the planet NPR money to convene a group of five economists different, from across the political spectrum, and see if they could find the points they all agree. They came up with a list of six things that everyone would agree clever ideas for a president to implement - and drew the attention of the six was it not one of them was even distance politically untenable. Each claim immediately.

Part of the problem, the truth is that almost all of them must include: a) a little economy and b) be willing to understand the situations and how different movements nuanced reverberate through the economy. Which, unfortunately, are very difficult things - and was also observed in our comments. We had more than 200 comments, and many showed exactly the problem. People making generalizations based on shorter versions of a single sentence, without understanding the details or nuances. In addition, ridiculously, many people insist that the plans were an infamous plot a particular side of the political spectrum, ignoring the

fact

that economists from on all sides. The idea that, for example, someone might consider economists Dean Baker and Frank Bob "right wing" is so funny to defy comment.

Since then, the planet money continues the series with some very interesting follow-up. We first discuss some of the ideas that economists have been unable to agree on (heroin free). Then it was really fun. They brought some political spin-masters to take political tables have all admitted that they are never far from the mouth of a political truth and see if they could become positive. This is a very funny episode / scary, in which complex economic ideas are reduced to soundbites, like the public, primarily focused on people away from reality, and thus accentuating the positive.



Finally, last week, decided to focus the group's ideas and proved what we already knew: that ideas, when explained to all Americans, and were immediately sometimes ideas spilled caustic horrible, horrible. Then he tried to take some of the spin-meister versions and present them as advertisements ... and got a
little move some people, but that's all. Subsequently, it became clear that these ideas - no matter how good it is - would be killed immediately by the public, meaning that any candidate they propose would not be so lucky.
It's depressing, but a sign of the world we live in today. I would say that a large part of the problem is that most of the proposals focus on what appears to be short-term pain for long-term benefits - and we live in a society oriented short term. But as someone who tends to think that we really need to understand much of the economy and its impact on the general population, this kind of thing only confirms the weakness of our economy is to teach TODAY ' Today.

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