The Latest Economic Conspiracy Theory

Friday’s jobs figures were big, yet even before the release, the birther/vaxxer/flat-earther crowd had warned us about phony numbers.

It's no lie.

Photographer: Daniel Acker/Bloomberg

Friday’s jobs numbers were big, and the revisions below the surface were huge. Yet even before the release, the birther/vaxxer/flat-earther crowd had warned us about phony numbers. As public policy, this kind of conspiracy thinking can cause the deaths of infants and the elderly. At least in markets, it merely loses you money.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.