Opinionomics | 30 March 2012

Must read analysis and comment. Featuring Spanish conservatives and an economist bust-up.

1. Forever Delayed: Business Investment (ToUChstone)

Duncan Wheldon shows how business investment is always two years in the future; any deficit reduction plan which relies on it picking up again without explaining why it will do so is fighting an uphill battle.

2. HMRC now subscribes to La-La Laffer and to the idea that companies don’t pay tax (Tax Research UK)

Richard Murphy presents one side of the argument on corporation taxes...

3. @richardjmurphy *still* doesn’t get friggin’ tax incidence (Tim Worstall)

...And Tim Worstall presents the other.

4. Conservative government still has a chance to get it right on fiscal policy (Not the Treasury view)

(It's about Spain)

5. Copyright stagnation (Offsetting Behaviour)

Eric Crampton with a killer graph showing the effects of copyright on availability.

Arthur Laffer giving a keynote speech to University of Tennessee in better days

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

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Quiz: Can you identify fake news?

The furore around "fake" news shows no sign of abating. Can you spot what's real and what's not?

Hillary Clinton has spoken out today to warn about the fake news epidemic sweeping the world. Clinton went as far as to say that "lives are at risk" from fake news, the day after Pope Francis compared reading fake news to eating poop. (Side note: with real news like that, who needs the fake stuff?)

The sweeping distrust in fake news has caused some confusion, however, as many are unsure about how to actually tell the reals and the fakes apart. Short from seeing whether the logo will scratch off and asking the man from the market where he got it from, how can you really identify fake news? Take our test to see whether you have all the answers.

 

 

In all seriousness, many claim that identifying fake news is a simple matter of checking the source and disbelieving anything "too good to be true". Unfortunately, however, fake news outlets post real stories too, and real news outlets often slip up and publish the fakes. Use fact-checking websites like Snopes to really get to the bottom of a story, and always do a quick Google before you share anything. 

Amelia Tait is a technology and digital culture writer at the New Statesman.