mediamacro

English dictionary entry

Meanings

noun
  1. A narrative or set of beliefs promulgated as factual by news media that distorts macroeconomic consensus, e.g. often presenting the (total) government deficit as a prime economic indicator and invoking analogies between governments and households on debt.

Word forms

mediamacro

Etymology

Coined in 2014 by Simon Wren-Lewis. Compound of media + macro (“macroeconomics”).

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