THE DAMAGE OF WISHES Just reading through todays activity in economics and pieci

THE DAMAGE OF WISHES

Just reading through todays activity in economics and piecing together the not obvious fact that our paper of record forms public opinion but is that illusion differs substantially from BBC, Al Jazeera, Russian and Chinese sources more than those sources differ from one another.

Cowen asks a question about Haiti, and the NYT bias is obvious. But the ideology of wishful thinking bears no resemblance to the reality if Haiti: we have only made it worse. Just like most of what we do makes everything worse.

Ideological rag.

The WSJ is the only domestic paper of record that has any correlation with reality. And even that is iffy.