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Sunday, September 07, 2008

"The Moral Content of Economic Terminology in the Popular Press"

The Good, the Bad, and the Divine:

The moral content of economic terminology in the popular press: A guide, Bluematter:

Foreign direct investment (inbound): Good
Current account deficit: Bad
Trade deficit: Catastrophic
Capital account deficit: Not used. Presumably bad.

Weak national currency: Bad
Exports: Good
Imports: Bad

Rising house prices: Good
Falling house prices: Bad
Affordable houses: Good
Unaffordable houses: Bad

Free trade: Neutral
Unfettered free trade: Bad
Fair trade: Good
Outsourcing: Evil
Buying local produce: Divine

Pay rises: Good
Low interest rates: Good
Inflation: Bad

Communism: Very Bad
Socialism: Bad
Capitalism: Bad

    Posted by on Sunday, September 7, 2008 at 11:43 PM in Economics, Press | Permalink  TrackBack (0)  Comments (2)


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