Mainstream media has not only moved to fake news in general but now puts out almost exclusively fake economics. The disjunction between what is reported in the media and what is happening in the real economy grows wider by the day.
The term "real economy" traditionally is used to mean the production of goods and services, without the financial sector component that has inflated macroeconomic accounts. I'd like to use real economics in a wider sense -- that is, the opposite of the fake economics in the media. That is what this blog will be about.
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