The Empire of Fake Economics

re posted from                             The Schiller Institute

From “Fake News” to “Fake Economics”:
Nobel Prize Committee Rewards a Faker

by Harley Schlanger
October 2017

October 12 — In the last year, since the Brexit vote in the U.K. and the election of Donald Trump in the U.S., there has been a growing awareness that the population in the Trans-Atlantic world is being subjected to a dangerous phenomenon known as “Fake News.”  The distrust of all elites, including those who determine what is covered in newspapers and by the talking heads on television, is part of the dynamic of insurgency which is sweeping the west, and is manifest in the anti-establishment voting patterns, which are overturning “politics-as-usual.”

How economics experts “count”

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