Thursday, December 19, 2002
What Goes Down
Geoffrey Nunberg:
[T]he media give a lot more attention to greed at some times than others, and particularly when the economy is tanking and everybody's looking for something to blame. When you chart the frequencies of greed and greedy in the press, they turn out to be an almost perfect trailing indicator for the stock market -- the worse the Dow is doing, the more the media start talking about greediness.Full essay (A Good Old-Gentlemanly Vice) here, and on Fresh Air.
posted by Denise at 6:51 AM
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