Readers may have noticed that we have a soft spot in our heart for negative news about the economy. That’s because the business and popular press dwell on the postive and give short shrift to the other side (with the exception of the Financial Times). So we have a tense geopolitical climate, global warming looking […]
Read more...The attack on the UN’s Intergovermental Panel on Climate Change, which issued its dire first of four reports on February 2 (see today’s earlier post for details) began even before the report was issued. We found this story in the Guardian, thanks to Brad DeLong’s blog, Grasping Reality with Both Hands: Scientists and economists have […]
Read more...As you doubtless know by now, on February 2, the UN issued the first of four reports due out this year by the Intergovermental Panel on Climate Change. The paper, six years in the making, draws on the work of over 2000 highly respected climate scientists from 113 countries. And the conclusions are pretty unambiguous: […]
Read more...We have been hard on the Journal for its tendency to politicize news coverage and omit stories that point to systemic financial risk. So we would like to give credit to the Journal when credit is due. This morning, the Wall Street Journal had a first page story on the stock market mania in China, […]
Read more...There is a widespread belief in the US that editorializing in the Wall Street Journal is limited to the editorial page. We’ve seen in the past that this just ain’t so (see posts of January 12 and January 16). And today we have a doozy. We have a real news event, reported as the lead […]
Read more...One of the dangers of blogging is that it is easy to shoot from the hip, so I hope I am not guilty of responding in kind to a remarkably fact-devoid post from the Economist’s Free Exchange. This post, which argues that the savings of having a health care system that substitutes preventive care for […]
Read more...What is and isn’t fair reporting is very much in the eye of the beholder. However, it seems odd that a story that the Financial Times thought important enough to run on its first page has gotten no play in the US: Democrats look to boost investor rights Signs are emerging of a Democratic effort […]
Read more...OK, so it was only a speech by the president of the New York Fed, Tim Geithner, to the Council on Foreign Relations. But the disparity in reporting between the Financial Times, both in placement and content, and the Wall Street Journal (and to some degree Bloomberg) is striking. Not surprisingly, the WSJ downplayed the […]
Read more...Dealbreaker.com thinks so, and links to a Reuters story to bloster their view. You be the judge: Totally terrifying thought. But not beyond the range of the barely credible. We’ve written a lot about SEC regulation. And sometimes it did seem as if the SEC was listening. After we celebrated the court decision striking down […]
Read more...In case any of you felt the misguided impulse to come to the defense of the Wall Street Journal’s editors (see our post of December 24), consider Eric Alterman’s commentary on the paper’s redesign: Letters to the editor have been moved off the editorial page to page B10 or 11. Normally I wouldn’t mind this, […]
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