Comments on: Journalistic Capture http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/ The Sweet Release of Reason Thu, 09 Feb 2012 18:11:50 +0000 hourly 1 By: Media are not your friends « syncwpmu http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23436 Media are not your friends « syncwpmu Sun, 07 Mar 2010 07:26:38 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23436 [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...] [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...]

]]> By: Media are not your friends « Thought Shop http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23435 Media are not your friends « Thought Shop Sat, 06 Mar 2010 21:03:23 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23435 [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...] [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...]

]]> By: m3 ds real http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23437 m3 ds real Fri, 14 Aug 2009 22:30:37 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23437 Sure this might be bad. It's always bad when people engage in stupid, reckless behavior as regards their finances. It's also bad when people take advantage of that tendency to profit. But when a guy bets his kid's college fund on a prize fight, and it turns out the fight was fixed and he bet on the guy that took the dive, why is it we always blame the fixers first? Sure this might be bad. It's always bad when people engage in stupid, reckless behavior as regards their finances. It's also bad when people take advantage of that tendency to profit. But when a guy bets his kid's college fund on a prize fight, and it turns out the fight was fixed and he bet on the guy that took the dive, why is it we always blame the fixers first?

]]> By: m3 ds real http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23434 m3 ds real Fri, 14 Aug 2009 15:30:37 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23434 Sure this might be bad. It's always bad when people engage in stupid, reckless behavior as regards their finances. It's also bad when people take advantage of that tendency to profit. But when a guy bets his kid's college fund on a prize fight, and it turns out the fight was fixed and he bet on the guy that took the dive, why is it we always blame the fixers first? Sure this might be bad. It's always bad when people engage in stupid, reckless behavior as regards their finances. It's also bad when people take advantage of that tendency to profit. But when a guy bets his kid's college fund on a prize fight, and it turns out the fight was fixed and he bet on the guy that took the dive, why is it we always blame the fixers first?

]]> By: Mobile Phone Accessories http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23433 Mobile Phone Accessories Wed, 12 Aug 2009 09:50:46 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23433 Sure, but government and it's appointees operate under a vastly different incentive structure. Cramer suffers from assymetrical information and ironically profits more the more assymetrical it is whether its correct or not. While Geithner has an incentive to actually receive the right information so he can fix the problem. Cramer has no such incentive. If Cramer had figured out in 2006 that the market was going to collapse at the end of 2008, he would have been a fool to start doomsday proclamations as his show would have probably been canceled due to nobody watching and now a couple people would be saying, "Hey remember that crazy Jim Cramer said this collapse was coming, whatever happened to him?" Sure, but government and it's appointees operate under a vastly different incentive structure. Cramer suffers from assymetrical information and ironically profits more the more assymetrical it is whether its correct or not. While Geithner has an incentive to actually receive the right information so he can fix the problem. Cramer has no such incentive. If Cramer had figured out in 2006 that the market was going to collapse at the end of 2008, he would have been a fool to start doomsday proclamations as his show would have probably been canceled due to nobody watching and now a couple people would be saying, “Hey remember that crazy Jim Cramer said this collapse was coming, whatever happened to him?”

]]> By: Journalistic Regulatory Capture | The-Informer http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23432 Journalistic Regulatory Capture | The-Informer Fri, 03 Apr 2009 12:38:37 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23432 [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...] [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...]

]]> By: Journalistic Regulatory Capture | CHARGED's Digital Lifestyle at Work or Play http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23431 Journalistic Regulatory Capture | CHARGED's Digital Lifestyle at Work or Play Fri, 03 Apr 2009 04:15:45 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23431 [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...] [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators [...]

]]> By: Journalistic Regulatory Capture | SolidWebs http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23430 Journalistic Regulatory Capture | SolidWebs Fri, 03 Apr 2009 02:23:29 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23430 [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of "journalistic capture." You are (hopefully) aware of the concept of regulatory capture -- whereby regulators effectively [...] [...] highlighted an interesting, but worth exploring, aside made by Will Wilkinson, talking about the concept of “journalistic capture.” You are (hopefully) aware of the concept of regulatory capture — whereby regulators effectively [...]

]]> By: uknowbetter http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23429 uknowbetter Mon, 23 Mar 2009 18:59:08 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23429 You are one clueless moron.<br><br>You should have been aborted by your clueless mom.<br><br>Go back and read my comment again, illiterate one. You are one clueless moron.

You should have been aborted by your clueless mom.

Go back and read my comment again, illiterate one.

]]> By: The Regulatory Cathedral and the Bazaar | The Technology Liberation Front http://willwilkinson.net/flybottle/2009/03/13/journalistic-capture/#comment-23428 The Regulatory Cathedral and the Bazaar | The Technology Liberation Front Fri, 20 Mar 2009 04:05:56 +0000 http://www.willwilkinson.net/flybottle/?p=3182#comment-23428 [...] Wilkinson makes the related point that journalists are akin to journalistic capture that’s very much akin to the regulatory [...] [...] Wilkinson makes the related point that journalists are akin to journalistic capture that’s very much akin to the regulatory [...]

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