Smith has done it again, not Adam Smith, another one! Have a look here.
A recurring theme throughout Bad Economics is uncovering and undoing widespread economic myths. “People who have never studied one word of economics pronounce on the need to get consumers spending or agree that government has responsibility to stimulate the economy and create jobs. It is all the insidious product of the purveyors of bad economics. Who are they? They are called economists. Not all economists of course; just most of them.”
Strange cover but. Cheer up Peter!