Monday, December 10, 2012

The Media’s Poor Free Market Understanding


Few general media reporters, columnists and editors have free market views and, certainly, a background on financial subjects.

In addition to what generalities journalists are ever taught, they receive a modicum of economic and financial training in school.

Not theory from economists such as Friedrich Hayek, Milton Friedman, and present-day commentators such as Thomas Sowell, and  Walter E. Williams, among others.
Thus you get left-leaning slants in many financial articles. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)




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