Google and the use and abuse of economic modelling

In its efforts to avoid regulation, Google commissioned economic modelling showing that Google providing tens of billions of dollars in benefits to Australia - but the figures quickly fell apart on closer inspection from the Australia Institute's Centre for Responsible Technology. In this episode, chief economist Richard Denniss talks us through some of the assumptions in Google's modelling, how other industries have used and abused this tool and why Google hates the news media bargaining code.The Australia Institute // @theausinstituteHost: Ebony Bennett, Deputy Director at the Australia Institute // @ebony_bennettGuest:Richard Denniss, Chief Economist The Australia Institute // @RDNS_TAIProducer: Jennifer MaceyTheme Music: Pulse and ThrumSupport Follow the Money & the research powerful interests fear: https://theaus.in/4vs6XeOSee omnystudio.com/listener for privacy information.