Gene Epstein knows a thing or two about economic data. Before becoming the Economics Editor for Barron's in 1993, he was a senior economist at the New York Stock Exchange. Now in Econospinning, Epstein supplies readers with a book that attempts to cut through the veil of economic misinformation commonly reported in today's media. Assuming no prior knowledge on the readers part, each chapter of Econospinning is structured around fairly simple propositions about the economy or about specific economic data—from tracking employment numbers to measuring corporate profitability—that are then contrasted with the distortions of today's media coverage. Along the way, Epstein exposes bad reporting by the elite media, including The Wall Street Journal, The Financial Times, The New York Review of Books, The New Yorker, The Economist—and especially by The New York Times and its economics columnist Paul Krugman, Epstein also deconstructs CNN newscaster Lou...

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