The Rhetoric of Economics

Given the number of figures and stats quoted by economists and economic commentators, it is refreshing to find one (Gavin Davies of the Beeb speaking on More or Less yesterday) who recognises that what matters is telling a good (convincing) story – irrespective of the figures. No economist worth his salt believes the numbers etc. He quoted a reference to a 1998 publication called The Rhetoric of Economics by Deirdre McCloskey. (Pretty close to Argyris’ “Budgetary Games” “Creative Accounting” organisational behaviour stuff.)

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