Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca

. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Tuesday, August 09, 2005

I See No Reason for Such ad hominems

What does Jack Shafer have against Richard Posner? He is at it again in Slate.
The bloggers, politicians, and op-ed dimwits who disparage the press often attribute the decline of press credibility to journalistic frauds committed by such miscreants as former New York Times reporter Jayson Blair, who fabricated and plagiarized for months and months at his paper without getting caught, or other fabulists such as former USA Today reporter Jack Kelley, former Associated Press reporter Christopher Newton, and former New Republic writer Stephen Glass.
The link inside the quotation is to the NYTimes piece by Richard Posner about the changing news media. I certainly did not see it as disparaging to the MSM; rather it was more in the nature of positive economic analysis, a set of testable hypotheses and predictions.

Posner is anything but a dimwit.
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