Includes bibliographical references (pages 215-233) and index.
CONTENTS NOTE
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Eldercare fraud -- Two ways to measure employment -- Bush league economics -- Long-term unemployment myths -- The case of the phantom dropouts -- Participation rate follies -- What does the employment-population ratio tell us? -- May average hourly earnings rest in peace -- Hourly compensation and the unemployment rate -- Wages and productivity -- The record profit boom that never happened -- End the monthly madness : the change in payroll employment data -- End the monthly madness : the unemployment rate -- Greenspan idolatry -- Best-selling myths : Freakonomics -- Best-selling myths : Nickel and dimed -- Dobbs and jobs.
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SUMMARY OR ABSTRACT
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"In Econospinning, Epstein cuts through the veil of economic misinformation commonly reported in today's media. Each chapter of Econospinning is structured around fairly simple propositions about the economy or about specific economic data - from tracking employment numbers to measuring corporate profitability - that are then contrasted with the distortions of today's media coverage. Along the way, Epstein exposes loose reporting by focusing almost strictly on the elite media."--Jacket.