Nice piece, “Inside the Influential World of Econobloggers,” by Steve Miln which got prominent placement in the Boston Globe Sunday Ideas section. A good piece generally, with one minor frustration: one of our posts was mentioned by title in the third paragraph, without indicating the source (the first mention of NC didn’t occur until the third page of the piece). I imagine the writer wanted to be “fair” in having references somewhat track blog market share (we are number 4 among the non-MSM affiliated blogs these days, and the academics do have more clout than we members of the hoi polloi). But as the saying goes, any PR is good PR, and this was most decidedly positive.
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Yay Yves! Must read, every day!
Wishing you and yours good health and happiness in for the holidays, and beyond for many years.
The media has covered this financial crisis so poorly, I don’t know how people would have been informed without the internet. I pretty much stick to NPR and now understand how this country has ended up in such poor shape with little citizen dialogue. Call in shows and very little depth. All opinions are not equal and should not be treated that way.
Well, it certainly is good PR for econobloggers, however, it seems that the story missed the crucial point. If it is true that econobloggers have been covering the economic malaise so well does it not follow that the mainstream media have been reporting on it poorly? In that conclusion lies the death knell of the newspaper industry.
If it is true that econobloggers have been covering the economic malaise so well
Some bloggers have done it well. There are a larger number whose predictions didn’t pan out and therefore are not cited. Not everyone makes the All Star teams each year.
I’ll venture to predict that this year’s winners who’ve started pitching Keynesianism will be among the forgotten next year.
Another soon to be forgotten cohort of current “winners” are the ignoramuses who think a sustainable recovery can be based on ever expanding “investments” that intentionally raise the price of fuels and energy.
This group of mental deficients have clearly learned nothing from the now deflating r.e. bubble.
Didn’t those go-go years also feature ever increasing amounts of “investment” yielding ever higher prices?
Du-uh! See? The internet leverages ambitious stupidity just as well as it magnifies energetic genius.
does it not follow that the mainstream media have been reporting on it poorly? In that conclusion lies the death knell of the newspaper industry.
All journalists become hell on wheels investigative reporters once their publishers conclude the targets won’t be a future source of advertising revenue.
Take the Miami Herald, for instance. Now that the real estate boom (and its accompanying ad revenues) are history the M-H is boldly discovering the vast number of convicted felons who populated Florida’s mortgage companies. A figure of 5,000 was cited recently.
If they do some more digging they’ll discover a similar percentage of felons in the project developer ranks.
The newspaper industry’s imminent doom is over in Craig’s List, not in the editorial department’s blogging competition.
Yves,
Congratulations on not only being in the influential econoblogosphere, but on being among the most influential blogs in it! Your blog deserves it.
David
Was the Boston Globe writer implying that Econobloggers are influencing policy makers? If so, it seems that too many of our current and pending policy makers are reading the blogs of Keynesian fanatics and status quo adherents. I sure wish they’d spend more time reading your blog, Yves. I find some of the best critical thinking exercised here –from you and the commentators — than just about anywhere else on the Web. And your links are always worth checking out.
The problem is to get action once the problems are identified. The political blogs set a good example here. I think firedoglake, and emptywheel, who blogs there, are trying to connect economics and politics at a level a lot of people can manage.
Yves,
Congrats on the well deserved PR.
I wish you would start asking some really pointed questions about the direction the Obama policy seems to be going. Do they really think they can spin the merry-go-round for another bubble?
I find it also hard to believe that the public is lapping up all this pressure on the auto industry and unions to clean up their act for a paltry XX billion when the financial community has been fed trillions without a whiff of oversight or negotiation about cleaning up their act. Is America stupid enough to think that the rest of the world is not watching the hypocricacy of these actions? Are we going to force them to buy our debt given our soon-to-be-status as a 3rd world country with nukes?
When are the grownups going to step up and be heard instead of the fascist types?
Richly deserved, as it were, but enough fluffing ourselves. This is naked capitalism. Fluffing has no place in naked capitalism, so let’s get back to the truly fun game: cynicism.
Yves, great to see you back and even better to see the site and everyone’s contributions getting their just rewards. As a totally uneducated hack, I’m constantly learning from the likes of yourself, NDK (great posts while you were away)and all the other bloggers here. It’s kinda funny being part of a growing ‘influential’ international movement considering I live in a far flung part of Australia – my wife thinks I’m crazy. Keep it up all of you, love your work.
Only #4?
Surly, it must be govt. statisticians collecting that data.
Yes, richly deserved,savvy, and influential.
A Smart Independent.
Yves, thanks for the link, I forwarded it on to the rest of the Angry Bears. They say there is no such thing as bad publicity and I can’t say the description was particularly unfair but this stung a tiny bit.
“Some, like the bloggers on a site called Angry Bear, mixed politics and economics, featuring left-leaning rants by a small circle of largely anonymous bloggers.”
Richly deserved.
I would add smart and done with style too.
The Antidote du jour is refreshing to see during the day. (thanks to all who contribute pictures)
smart adviser