Economic Myths (or Confusions)

These three words - economics, economists and (the) economy - are in every political speech. Yet, they are often misinterpreted, perhaps based on a false assumption or incorrect explanation. Politicians are not the only culprits; economists themselves, even highly reputed ones, are often at fault. Economics is a social science, about our behaviour.

NOTE: No knowledge of economics is required; it might even be a disadvantage