Sunday, May 23, 2010

The Lack of Free Market Media Observers

Few reporters, columnists and editors in the general media have free market views pertaining to schools, transportation, highways, and certainly financial subjects.

Certainly not if they have been trained in journalism schools.

In addition to what generalities journalists are taught, they receive a modicum of economic and financial training. And little, if any, free market economics.

Not theory from economists such as Friedrich Hayek, Milton Friedman, Thomas Sowell, Walter Williams, among others.

Thus you get left-leaning slants in many financial articles.

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