
Ken Henry — An Economic Odyssey
The Joe Walker Podcast
00:00
The Impossibility of Counterfactuals
A lot of an economic policy departments thinking has to be done secretly. You don't want to unnecessarily negatively influence the public's perception of the economy. The government had to construct it, and the problem is if it constructs the counterfactual, it can stand accused of having made things worse.
Transcript
Play full episode