New from the Business & Media Institute
The Picture of Hype
How much is gas at your corner station? Tack on another 75 cents and thats probably the price the networks will be showing on the screen. A new Business & Media Institute analysis found four out of five images shown in gas price stories were higher than the national average at the time up to $3.25 higher. Its just the latest chapter in the televised gas hysteria.
Media at Large: Networks Images Pump Up Gas Prices
Dan Gainor, the director of the Business & Media Institute, indicts the networks for putting an additional scare tax on gasoline by showing stations with extreme prices.
Got a gripe? Seen something lately in the news that just wasnt right? Let us know!
Scorn on the Bayou: the Political Economics of Katrina
Newsweek added its voice to the media chorus covering poverty in New Orleans. But the article was based on faulty data. Economic reality shows a different United States and a different Louisiana.
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: The New York Times shows businesses arent all bad; Lou Dobbs reminds viewers that its good to open a history book; and Newsweeks Jonathan Alter spins statistics about poverty.
Also from BMI:
Research, News & Commentary
Research: BMI Adviser Bruce Bartlett sums up the housing debate: if youre staying put for a few years, dont worry. But if youre buying for investment on the coasts, make sure youre prepared for a market dip.