I<00:00:00.359> look<00:00:00.539> at<00:00:00.659> economic<00:00:01.020> analysis<00:00:01.380> in<00:00:01.500> the<00:00:01.680> media

I look at economic analysis in the media

I look at economic analysis in the media that<00:00:02.520> is<00:00:02.639> not<00:00:02.820> analysis<00:00:03.300> that<00:00:03.540> is<00:00:03.720> an

that is not analysis that is an

that is not analysis that is an entertainment<00:00:04.440> product<00:00:04.680> if<00:00:05.580> you<00:00:05.759> are<00:00:05.940> not

entertainment product if you are not

entertainment product if you are not taking<00:00:06.660> these<00:00:07.020> guys<00:00:07.140> and<00:00:07.859> rewarding<00:00:08.280> them<00:00:08.400> for

taking these guys and rewarding them for

taking these guys and rewarding them for being<00:00:08.700> right<00:00:08.880> and<00:00:09.420> punishing<00:00:09.840> them<00:00:09.960> for<00:00:10.139> being

being right and punishing them for being

being right and punishing them for being wrong<00:00:10.500> then<00:00:10.920> they<00:00:11.160> are<00:00:11.280> not<00:00:11.460> analyzing<00:00:11.940> their

wrong then they are not analyzing their

wrong then they are not analyzing their [ __ ]<00:00:12.540> dancing<00:00:12.719> that's<00:00:13.320> what<00:00:13.500> they're

[ __ ] dancing that's what they're

[ __ ] dancing that's what they're doing<00:00:13.799> you<00:00:14.280> know<00:00:14.340> like<00:00:14.580> if<00:00:15.240> you<00:00:15.420> want<00:00:15.540> them<00:00:15.719> to

doing you know like if you want them to

doing you know like if you want them to be<00:00:15.960> right<00:00:16.080> pay<00:00:16.379> them<00:00:16.619> to<00:00:16.800> be<00:00:16.920> [ __ ]<00:00:17.279> right

be right pay them to be [ __ ] right

be right pay them to be [ __ ] right but<00:00:18.359> we're<00:00:18.480> not<00:00:18.660> doing<00:00:18.779> that<00:00:19.020> are<00:00:19.199> we<00:00:19.320> we're

but we're not doing that are we we're

but we're not doing that are we we're not<00:00:19.680> doing<00:00:19.859> that<00:00:20.100> and<00:00:20.520> and<00:00:20.880> if<00:00:21.840> you<00:00:21.900> think<00:00:22.020> at

not doing that and and if you think at

not doing that and and if you think at the<00:00:22.380> same<00:00:22.560> time<00:00:22.680> right<00:00:22.980> imagine<00:00:23.220> you<00:00:23.520> are<00:00:23.699> an

the same time right imagine you are an

the same time right imagine you are an economist<00:00:24.119> who's<00:00:24.300> good<00:00:24.539> who's<00:00:24.960> really<00:00:25.260> good

economist who's good who's really good

economist who's good who's really good you<00:00:25.920> know<00:00:26.039> what's<00:00:26.220> happening<00:00:26.580> right<00:00:27.060> you<00:00:27.660> can

you know what's happening right you can

you know what's happening right you can write<00:00:27.840> an<00:00:28.080> article<00:00:28.320> that's<00:00:28.680> perfectly<00:00:29.099> right

write an article that's perfectly right

write an article that's perfectly right and<00:00:29.699> no<00:00:30.000> one<00:00:30.119> will<00:00:30.240> ever<00:00:30.420> [ __ ]<00:00:30.660> read<00:00:30.779> it<00:00:31.019> or

and no one will ever [ __ ] read it or

and no one will ever [ __ ] read it or you<00:00:31.439> can<00:00:31.500> go<00:00:31.619> and<00:00:31.740> work<00:00:31.920> a<00:00:32.099> [ __ ]<00:00:32.279> Bank<00:00:32.399> of

you can go and work a [ __ ] Bank of

you can go and work a [ __ ] Bank of America<00:00:32.640> get<00:00:32.940> paid<00:00:33.059> a<00:00:33.180> million<00:00:33.420> pound<00:00:33.480> a<00:00:33.719> year

America get paid a million pound a year

America get paid a million pound a year you<00:00:34.680> know<00:00:34.800> that<00:00:34.980> is<00:00:35.100> the<00:00:35.219> system<00:00:35.399> that<00:00:35.640> we've

you know that is the system that we've

you know that is the system that we've built<00:00:36.059> and<00:00:36.180> then<00:00:36.300> we're<00:00:36.480> surprised<00:00:37.140> that<00:00:37.800> the

built and then we're surprised that the

built and then we're surprised that the economy<00:00:38.280> goes<00:00:38.579> to<00:00:38.640> [ __ ]<00:00:38.940> you<00:00:39.540> know<00:00:39.600> if<00:00:39.899> you

economy goes to [ __ ] you know if you

economy goes to [ __ ] you know if you want<00:00:40.739> if<00:00:41.219> you<00:00:41.280> want<00:00:41.460> good<00:00:41.700> analysis<00:00:42.239> at<00:00:42.600> the

want if you want good analysis at the

want if you want good analysis at the very<00:00:42.840> least<00:00:43.020> recognize<00:00:43.800> good<00:00:43.980> analysis<00:00:44.520> this

very least recognize good analysis this

very least recognize good analysis this nobody's<00:00:45.480> even<00:00:45.600> checking<00:00:45.960> the<00:00:46.079> homework<00:00:46.379> here

nobody's even checking the homework here

nobody's even checking the homework here it's<00:00:47.280> crazy<00:00:47.579> there<00:00:48.059> is<00:00:48.180> some<00:00:48.360> so<00:00:48.899> well<00:00:49.260> I<00:00:49.440> agree

it's crazy there is some so well I agree

it's crazy there is some so well I agree with<00:00:49.800> you<00:00:49.920> entirely