Business

BMI Staff | December 10, 2008
The Media's Top 10 Worst Economic Myths of 2008 Each year the Business…
Jeff Poor | December 10, 2008

     Remember when you were young and encouraged to take your vitamins to grow up big and strong? That was probably a waste of time – at least at least according two of the three broadcast network evening newscasts on Dec. 9…

Dan Gainor | December 10, 2008

     When the media aren’t talking about the bailout, they’re talking jobs. They should be. Job losses and unemployment are up. A year into what we just heard is an official recession, unemployment hit 6.7 percent. That’s the highest for the…

Donald J. Boudreaux, Ph.D. | December 10, 2008

Editor, The Wall Street Journal

200 Liberty Street

New York, NY 10281

To the Editor:

Thomas Frank laments that "market logic" promotes transactions that he finds unappealing, such as surrogate-mother contracts…

Jeff Poor | December 9, 2008

     Taking money from the federal government was bound to have unintended consequences, and that’s becoming evident in the case of a closed Midwestern factory.

 

     Amid all the fear…

Donald J. Boudreaux, Ph.D. | December 9, 2008

Editor, Baltimore Sun

Dear Editor:

Dan Neil wants to nationalize General Motors, in part because "without big subsidies, there is no way in the near term to build these [electric] vehicles and make a reasonable profit, because…

Lauren O'Reilly | December 8, 2008

     The potential bailout of GM, Ford and Chrysler has been the talk of the news media, so CNN’s “Your $$$$$” brought on three guests with various opinions to discuss the issue Dec. 6.

 

   …

Jeff Poor | December 8, 2008

     If print is becoming journalism’s dying backwater, Paul Krugman isn’t showing it.

 

     In a Dec. 6 interview in Stockholm, Sweden, the Nobel Prize-winning New York Times columnist…

Julia A. Seymour | December 8, 2008

     “Sometimes bad guys make the best good guys,” declare the commercials for TNT’s new drama “Leverage,” starring Timothy Hutton. That’s the morally ambiguous theme of the show, which features a group of hitherto loner…

Nathan Burchfiel | December 8, 2008

     The media love to assign blame for financial hardship, but it’s rare that they turn the microscope on themselves like columnist David Carr did in The New York Times Dec. 8.

     In a front page column of the Business Day section,…

Jeff Poor | December 5, 2008

     First, the CEOs of the fledgling Big Three U.S. automakers made fools of themselves by arriving in Washington, D.C., on private jets. But their latest ploy – which most journalists seem to have missed – might top even…

Jeff Poor | December 5, 2008

     The media and politicians have scrambled to assign blame for what has caused the Big Three automakers – Ford (NYSE:F), General Motors (NYSE:GM) and Chrysler (NYSE:DAI) – to request a taxpayer-funded bailout.

Jeff Poor | December 5, 2008

    No art for you! That’s the message ABC investigative correspondent Brian Ross sent to Swiss bank UBS.

 

     Ross, who has found a niche storming corporate gatherings in an attempt to…

Jeff Poor | December 5, 2008

     Representing your constituents’ interest is simply code for taking an ideological position, according to CNBC “Street Signs” host Erin Burnett.

 

     Burnett appeared on MSNBC’s “…

Matt Philbin | December 4, 2008

     Is it immature to say, “We told you so?”

 

     The Business & Media Institute on Nov. 6 noted the media’s tendency to grant incoming White House Chief of Staff Rahm Emanuel a…

Jeff Poor | December 4, 2008

     You can always count on Michael Moore to offer an outrageous left-wing point-of-view.

 

     Moore made two appearances on cable talk programs Dec. 3 – first on MSNBC’s “Countdown…

Donald J. Boudreaux, Ph.D. | December 4, 2008

Editor, Baltimore Sun

Dear Editor:

You opine that Detroit automakers "need to explain in detail to Congress how they intend to eliminate thousands of uneconomical dealerships, swiftly bring their labor costs closer to what…

Gary Wolfram, Ph.D. | December 4, 2008

     Friedrich Hayek wrote of the importance of what he called the rule of law over the rule of man. His point was that in order to be free to act according to our own plans we must know what the rules of the game are, for what reason they are…

Jeff Poor | December 4, 2008

     As the debate over whether taxpayers should fund a bailout of the Big Three U.S. automakers remains front and center on Capitol Hill, foreign auto manufacturers are surviving in the United States, operating without the…

Donald J. Boudreaux, Ph.D. | December 3, 2008

Editor, Toledo Blade

Dear Editor:

Detroit auto executives advocate "government getting a stake in the auto companies that would allow taxpayers to share in future gains if they recover" ("GM exec: bankruptcy not an option for…