New from the Business & Media Institute
The Understatement of American Generosity
The media have attacked corporations like Wal-Mart, Exxon Mobil and the
U.S. drug companies for making too much money. Now, those companies are
using some of their hard-earned profits to help hurricane victims and
network news has shown little interest.
Herman Cain: The Business of Rebuilding
Though the media have focused mainly on the federal government and its
response to Katrina, individuals and corporate America have responded
quickly with large contributions. Herman Cain, a businessman and national
chairman of the Business & Media Institute, takes his column this month to
explain why hes hopeful about the Gulf Coasts future.
Media Link Hurricanes and Global Warming for More than a Decade
As blame swirls around Hurricane Katrina, the media continue to draw
global warming into the picture. The Business & Media Institute hopped into the
time machine and went back as far as 1992 when broadcast journalists
were doing the same thing. Though reporters keep interviewing scientists
who tell them the global warming/hurricane theory is bunk, these examples
of coverage through the years show theyre not getting the message.
The Good, the Bad & the Ugly
The Good, the Bad & the Ugly tracks the best and worst media coverage of
business and economics. Readers are invited to submit suggestions or news
tips to Director
Dan Gainor.
This week: A rare, fair view of Wal-Mart; more hype about global
warming and hurricanes; and, of course, more bad gas reporting.
Also from BMI:
Media Use Katrina to Predict Economic Downturn
Gas Prices Fuel More Bad Reporting
Media Do Poor Job of Reporting on the Poor
Research, News & Commentary
Hurricane Katrina
Commentary: Whats the best way the government can help with post-hurricane rebuilding? Get out of the way.
Free Market
Commentary: Catos Jerry Taylor explains why, if gas prices seem too high, our response should be: Gouge on!
Commentary: AEIs John Lott and Sonya Jones remind us that price controls only work against consumers.
Research: How do Americans feel about their jobs? AEIs report on The State of the American Worker gives some insight.
Poverty
Research: The Census Bureau reported that poverty stayed flat in 2004. As Heritage Foundation analysis shows, the report doesnt tell the whole story but it does point to the need for pro-growth policies.
Additional Poverty Resources:
Understanding Poverty in America
Income Inequality in the United States
Obesity
News: California says no to junk-food sales in schools.