Shirtloads of Science

Dr Karl’s a curious optimist – a great combination for a science lover. Join him and his guests for weird facts, amazing conversation and remember, it’s never too late for a happy childhood. https://drkarl.com/

http://shirtloadsofscience.libsyn.com/podcast

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episode 68: Understanding Econobabble, A 30 minute primer in 21st Century Economics with Dr Richard Denniss


Econobabble is an invented language that deliberately obscures what you think words describe. Words like "unemployment" and "subsidy" are simple at first glance. Wait till you find out what they really mean ! Are you wasting your time looking for certain jobs, investing your savings in the wrong place or voting against you best interests? Are your definitions up to date? 1962, William S. Burroughs suggested that language could be a virus in his book "The Ticket That Exploded". This 30 minute podcast might be the inoculation you've been looking for. 

Note: Statistics and examples are for illustrative purposes only. Some are out of date and possibly wrong. The interview was recorded this in late 2017 before the Queensland state election. 


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 February 4, 2018  30m