The
Dow Jones Economic Sentiment Indicator tries to gauge the U.S.
economy by weighing the balance of sentiment in articles published by
fifteen major American newspapers. The Indicator analyzes published
stories. They look for key words that indicate changes in economic
sentiment.
Journalism
schools do not teach enough economics. If they have any real economic
study at all. Because that would entail a balance of conservative as
well as liberal thinking on the subject. The results of the work of
their graduates show a deficiency.
About
50,000 newspaper journalists work in the U.S., with thousands of
published articles daily, Economics are integral to the news,
particularly finance and its relation to politics.
Unfortunately,
schools do not teach news balance. Journalists do not know enough to
screen what has worked and not worked economically in the past.
And
to avoid passing along political nonsense without critical
oversight. (See the Earl J
Weinreb NewsHole® comments and @BusinessNewshole tweets.)
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