THE DISTILLERY: Number crunchers

Jotters weigh up macroeconomic concerns including the blunders of austerity theorists, worry over China's growth and the gold slump.

This morning's edition of The Distillery is all about economics and markets. In the wake of the global financial crisis, all economic analysis for developed economies has been conducted against the backdrop of stimulus versus austerity. Is it better to stimulate or cut your way back to prosperity? One columnist runs his readers through the damning news that the work of two researchers that has been widely cited by austerity supporters the world over was a bit shoddy.

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