Timmy elsewhere

At the ASI.

Paul Mason doesn’t seem to have any intuition about economic numbers. He describes annual GDP per capita growth of 3% as “small”. What?

3 thoughts on “Timmy elsewhere”

  1. It may be less bad. Although the CiF piece ends with

    “Paul Mason is economics editor at Channel 4 News”

    His profile says he is “culture and digital editor”


    I hope he isnt their economics editor, because that would be very bad. This is close to Heidi Moore levels of obtuseness.

  2. In addition to the points made by Tim and other commenters, he also clearly doesn’t understand the difference between growth rate and actual absolute level (which isn’t really a very difficult concept)

    There is in fact absolutely no conflict between slower growth and us all being richer

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