Economic models are like a lot of things in life: What you get out of them depends on what you put in. But therein lies the problem. When reporting focuses on the 'findings' without looking at what assumptions underpin politically influential economic models, it leaves us vulnerable to what Richard calls the 'peak-stupid of econobabble'.

Economics and politics explained in plain English

<p>Economics and politics explained in plain English</p>

Follow The Money

Politics and the economy explained in plain English

<p>Politics and the economy explained in plain English</p>

Economic models are like a lot of things in life: What you get out of them depends on what you put in. But therein lies the problem. When...

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