Silicon Valley Watcher - Former FT journalist Tom Foremski reporting from the intersection of technology and media

Is Media Harming The Economy?

Posted by Tom Foremski - February 6, 2009

It's a question that I ask myself and I've seen other people ask it: Is the media coverage of the economy harming the economy?

By which I mean, the negative stories about the economy, the personal stories of families and individuals dealing with loss and the unpleasant results of this tough economy.

The health of an economy seems influenced by culture, positive outlook, and reality. And media plays a key role in helping to shape at least two of those components. Therefore, should media be more positive in its coverage of the economy, would that make a difference?

Let me know.

BTW:

In the interests of transparency here are some of my "holy-shit" posts about the economy:

- Japan's King Kong And Godzilla Scale of Industry Destruction

Saturday Post: Globalization Comes To A Screeching Halt . . .

Saturday Post: Are These The Four Horsemen Of The Financial Apocalypse?

Beyond The Sub-Prime Bubble: The Other Seven Deadly Bubbles . . .

The Size of Derivatives Bubble = $190K Per Person on Planet

Here is the start of a new series: BoomWatch on companies that are booming despite the gloom:

- Tibco: Wrapping Metal Around Software

- Boom Not Gloom: IT Search Firm Splunk

Update: How Bad Is It? :: Swampland - TIME.com

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