Bad time for an election
Bob Higgs' summary (and critique) of journalists' and politicians' use of metaphors to describe the current economy is priceless. It's a shorthand; it communicates effortlessly; but it ain't deep. Higgs elaborates how it's lazy and obscures more than it illustrates. Both presidential candidates have savvy economists on their teams. But it's clear that they often ignore good economic advice.

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Published 3 months ago
By Peter Gordon
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