This report examines how sensationalized and potentially inaccurate economic reports can inappropriately shape public policy. It uses the debunked 'UK wealth exodus' narrative to illustrate the dangers of 'fake news' and the need for better communication by economists.
Key Takeaways
- 1.Misleading reports can gain undue influence; the 'wealth exodus' narrative regarding the UK lacked economic substance.
- 2.Rising high-income earners in the UK (over 27% increase in 4 years) contradict the notion of a significant wealth exodus.
Table of Contents
- Fighting fake news
- Global asset class preferences definitions
- Appendix
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Authors
Paul Donovan
Themes
Economic MisinformationPublic Policy Influence
Regions
OtherUnited Kingdom