mediamacro
mediamacro noun: a narrative or set of beliefs promulgated as factual by news media that distorts macroeconomic consensus, e.g. often presenting the (total) government deficit as a prime economic indicator and invoking analogies between governments and households on debt.
Noun
mediamacro (uncountable)
- A narrative or set of beliefs promulgated as factual by news media that distorts macroeconomic consensus, e.g. often presenting the (total) government deficit as a prime economic indicator and invoking analogies between governments and households on debt.
- Politicians who appeared to deviate from the new ‘mediamacro consensus’ of deficit fetishism suffered as a consequence.2014 November 24, Simon Wren-Lewis, “Why We Need Our Fiscal Policy Instrument Back”, in Social Europe
- Mediamacro has a number of general features. It puts much more emphasis than conventional macroeconomics does on the financial markets, and on the views of participants in those markets. It prefers simple stories to more complex analysis. As part of this, it is fond of analogies between governments...2015 February 19, Simon Wren-Lewis, “The Austerity Con”, in London Review of Books
Examples of mediamacro in a sentence
- Mediamacro has a number of general features.2015 February 19, Simon Wren-Lewis, “The Austerity Con”, in London Review of Books:
- A key element of mediamacro is the naive assumption that higher government borrowing is inherently dangerous and that lower borrowing is always praiseworthy.2018 November 4, Ben Chu, “We need to learn that the real economic gamble is sometimes too little government borrowing – not too much”, in...
Origin of mediamacro
Coined in 2014 by Simon Wren-Lewis. Compound of media + macro (“macroeconomics”).
Questions about mediamacro
- What does mediamacro mean?
- Mediamacro means a narrative or set of beliefs promulgated as factual by news media that distorts macroeconomic consensus, e.g. often presenting the (total) government deficit as a prime economic indicator and invoking analogies between governments and households on debt.
- How do you use mediamacro in a sentence?
- Mediamacro has a number of general features.
- What part of speech is mediamacro?
- Mediamacro is a noun.
Words near mediamacro in the dictionary
Source and license
Adapted from Wiktionary: mediamacro (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “mediamacro.” Word.ws, https://word.ws/mediamacro. Based on Wiktionary, CC BY-SA 4.0.
