Figure 1: Whose news coverage do you trust the most?
Fox News is the most trusted news source among independents, the American term for the swinging voter
11 Mar 2015 Leave a comment
in economics of media and culture, politics - USA Tags: Fox News, media bias
Democrats See The Media As Biased Against Clinton | FiveThirtyEight
11 Mar 2015 Leave a comment
in economics of media and culture, politics - USA Tags: 2016 presidential election, Hillary Clinton, media bias
It’s usually Republicans who rely on “media bias” as a political defense and GOP voters who think the press is gunning for their candidates. Democrats are more likely to trust the media.
via Democrats See The Media As Biased Against Clinton | FiveThirtyEight.
Media bias versus media vigilance
17 Feb 2015 Leave a comment
in economics of media and culture, industrial organisation, survivor principle Tags: media bias
Guardian Media Group Cayman Islands Tax Dodge Company Still Active – Guy Fawkes’ blog
16 Feb 2015 Leave a comment
in economics Tags: left-wing double standards, left-wing tax dodgers, media bias, The Guardian
The Guardian was founded on a tax dodge as its editor explains:
In April 1932, a small boat sailing on Windermere was hit by a sudden squall and capsized. There were two people in the boat. One, Ted Scott, was drowned. His teenage son, Richard, swam to the shore and was saved.
The death of Ted Scott, editor of the Manchester Guardian, within months of that of his father, CP Scott, provoked a crisis at the newspaper which the family owned. It was a crisis to do with tax.
The Scott family was faced with the potential of a very large bill by way of double death duties on the late father and son – editors and owners both. There was a very real chance of the paper being killed or sold.
In an extraordinary act of public-minded philanthropy, the Scott family decided to give away their interest – worth more than £1m at the time – by creating a trust.
Public relations people earn 54% more than journalists & outnumber them nearly 5 to 1
12 Feb 2015 Leave a comment
The media market works: US media is slightly to the left of centre
12 Feb 2015 Leave a comment
in economics of media and culture, industrial organisation, politics - Australia, politics - New Zealand, politics - USA, survivor principle Tags: demand for social insurance, gender wage gap, media bias
As discussed before, to survive in a competitive market, media outlets must serve that market as best they can.
The reader or viewer that is most likely to turn off or otherwise switch to another activity are women, often mothers. Women tend to be to the left than me because of their greater demand for social insurance.
To keep their most marginal viewers, media outlets pitch their stories slightly left of centre, aimed at women who are most likely to switch off if they are not seeing what they want to see.
Political ideologies mapped by profession
08 Feb 2015 Leave a comment
in economics of media and culture, human capital, occupational choice Tags: academic bias, media bias
The political proclivities of different occupations
30 Jan 2015 Leave a comment
in occupational choice, Public Choice Tags: academic bias, media bias, political bias, voter demographics
What does the media and Left give top athletes a pass on their membership of the top 0.1%?
28 Jan 2015 Leave a comment
in human capital, income redistribution, labour economics, labour supply Tags: Left-wing hypocrisy, Leftover Left, media bias, superstars, top 1%
Charles Krauthammer on what conservatives and liberals think of each other
25 Jan 2015 Leave a comment
in liberalism, politics - Australia, politics - New Zealand, politics - USA Tags: Charles Krauthammer, expressive voting, Leftover Left, media bias, rational ignorance, rational irrationality
New low for economic analysis of NZ opposition leader and Dominion Post editorial on housing affordability
22 Jan 2015 Leave a comment
in applied price theory, politics - New Zealand, urban economics Tags: Andrew Little, Dominion Post, economic literacy, housing affordability, media bias, rational irrationality, Resource Management Act, zoning
The editorial in today’s Dominion Post about the proposed reforms in New Zealand to the Resource Management Act to increase of urban land supply and make housing more affordable actually supported some absolute nonsense economic analysis by the Leader of the Opposition, Andrew Little:
Labour leader Andrew Little says part of the problem is in fact low and in many areas stagnating wages.
That is correct, but this merely points to a huge problem that successive governments have failed to solve. Nor is this Government likely to do much by way of living wage reforms or other non-market solutions.
The alleged professional journalist who wrote this editorial is ignorant of the most basic workings of the economy which he could pick up as an ordinary consumer and home owner.
If consumers become wealthier because of higher wages, they will use this increased income to demand more housing and land.
If the supply of land is fixed or otherwise constrained from expanding much, the only thing that will happen is that the price will go up with more money chasing the same amount of land and housing.
This will benefit the existing home owners in New Zealand. Workers who don’t own homes will simply have to pay more of their now higher wages to buy houses. Once again, the Labour Party betrays the interests of the working class to win middle-class home owner votes.
Media completely missed this report in the lead-up to 2014 election: Rich-poor gap not growing in New Zealand and hasn’t for 20 years
20 Jan 2015 Leave a comment
in applied welfare economics, politics - New Zealand Tags: 2014 New Zealand election, child poverty, Gini coefficient, inequality and poverty, media bias, top 1%
Figure 1: Gini coefficient New Zealand 1980-2015
Source: Bryan Perry, Household incomes in New Zealand: Trends in indicators of inequality and hardship 1982 to 2013. Ministry of Social Development (July 2014).
Figure 2: Real household incomes (BHC), changes for top of income deciles, 1994 to 2013
![clip_image002[7]](https://utopiayouarestandinginit.com/wp-content/uploads/2014/12/clip_image0027_thumb.png?w=696&h=443)
Source: (Perry 2014).
Figure 3: Real equivalised median household income (before housing costs) by ethnicity, 1988 to 2013 ($2013).
![clip_image002[9]](https://utopiayouarestandinginit.com/wp-content/uploads/2014/12/clip_image0029_thumb2.png?w=686&h=452)
Source: (Perry 2014).
HT: http://www.listener.co.nz/current-affairs/new-deal-for-kids/
HT: http://i.stuff.co.nz/business/industries/10244667/Rich-poor-gap-not-growing-report
The political bias of selected professions
16 Jan 2015 Leave a comment
in economics of media and culture, Marxist economics, occupational choice, politics - USA Tags: media bias
These graphs show the contributions by individual donors in each industry to political candidates
via http://blog.crowdpac.com/post/101785128940/the-political-bias-of-each-profession
Utopia, you are standing in it! 
Recent Comments