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Description
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Econospinning is a straightforward guide to wading through today’s abundance of false and misleading economic data. Epstein provides students with a book that attempts to see through the veil of economic misinformation commonly reported in today’s media and offer facts in its place. Epstein discusses economics, assuming no prior knowledge on the part of the student. He then exposes shoddy reporting by a laundry list of economic journalists, providing the dos and don’ts to guide students to the best options: who to believe, who to respect, who to argue with, and who to run away from screaming. From Paul Krugman (The New York Times) to John Cassidy (The New Yorker), as well as others including, but in no way limited to, Eric Schlosser (Fast Food Nation), Barbara Ehrenreich (Nickel and Dimed), Louis Uchitelle (Goldman Sachs’ Economics Research Group), and Patrick Barta (Wall Street Journal), Epstein does a point-by-point discussion on how students can get their feet on the ground floor of economics information, and provides students with a list of his trusted recommendations. From skipping the headline number and finding the long-term trend to researching the patterns involved in deciphering the ABCs of the GDP, Epstein gets right to the center of the debate on the integrity of the economic numbers we read in the papers each and every day.
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