My editors at the Report on Business asked me to do a “what to expect in 2017” sort of column for my last one of 2016. Rather than dreary economic forecasting that you can get anywhere, I decided to write instead about the myths that we will hear about yet again in 2017 depsite the fact that they are, to use a current expression, “fake news”! They are:
- That we should get off fossil fuels or we are all doomed.
- That wealthy developed countries are the cause of the poverty of the developing world.
- That giant corporations run the world, dwarfing the size and power of national economies.
Want to find out why all these myths are, um, myths? Well you’ll have to read the column, won’t you! Happy 2017!