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Comments on: A famous fallacy http://www.tvhe.co.nz/2012/02/28/a-famous-fallacy/ The Visible Hand in Economics Tue, 28 Feb 2012 06:14:08 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: DT http://www.tvhe.co.nz/2012/02/28/a-famous-fallacy/#comment-36924 Tue, 28 Feb 2012 06:14:08 +0000 http://www.tvhe.co.nz/?p=6750#comment-36924 What would be fun would be for you to provide a rational economic explanation for the policy on parents who have a subsequent child while receiving a benefit, and not other parents, and then for us to see if it is the actual explanation.

]]> By: Matt Nolan http://www.tvhe.co.nz/2012/02/28/a-famous-fallacy/#comment-36920 Mon, 27 Feb 2012 23:10:09 +0000 http://www.tvhe.co.nz/?p=6750#comment-36920 In reply to Kimble.

The graphs and numbers are fine.  But what really matters is the narrative, the story, the tone, the interpretive dance.  Making sure we use the “forecasting” to actually inform people about what is going on now and what the risks are – given that is what they pay us for.

Hence why it is important for me to hunt mythical beasts that represent these underlying elements of “the economy” that these beasts represent.  I suspect I’ve been drinking too much caffeine …

]]> By: Kimble http://www.tvhe.co.nz/2012/02/28/a-famous-fallacy/#comment-36919 Mon, 27 Feb 2012 23:06:41 +0000 http://www.tvhe.co.nz/?p=6750#comment-36919 Forecasts? Come on! Graph plots up a little, graph plots down a little. Done, lets go fishing!

^^^^^^^^Subtle Chestertons Gate reference. 

]]> By: Matt Nolan http://www.tvhe.co.nz/2012/02/28/a-famous-fallacy/#comment-36918 Mon, 27 Feb 2012 22:44:29 +0000 http://www.tvhe.co.nz/?p=6750#comment-36918 In reply to Rob Hosking.

Seeing what was coming I decided to avoid the radio yesterday … I spent most of my time just swearing at articles on Stuff in any case.

]]> By: Rob Hosking http://www.tvhe.co.nz/2012/02/28/a-famous-fallacy/#comment-36917 Mon, 27 Feb 2012 22:42:12 +0000 http://www.tvhe.co.nz/?p=6750#comment-36917 “Sorry but the government doesn’t actually create jobs”

ah, so I take it from this I wasn’t the only person swearing at the radio yesterday….
 

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