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At 05:18 PM 1999-06-17 -0400, Robert Howe wrote:
>-----Original Message-----
>From: Andrew <warlord@xxxxxxxxxxxxxxxxxxxx>
>To: Mark Brown <markbrown@xxxxxxxxxxxxx>; omega-list@xxxxxxxxxx
><omega-list@xxxxxxxxxx>; John Sweeney S&C <JSweeney@xxxxxxxxxxx>
>Date: Thursday, June 17, 1999 4:37 PM
>Subject: Re: TASAC Editorship
>
>>Media is the platform for ads since they pay more than subs.
>>Flaw of the free markets that gets corrected with regulation.
>>
>Flaw?
>I think not. Is influence as an implicit free market media characteristic?
>Yes, depending upon the degree of objective intent in editorial staff and
>magazine ownership.
>
>The value of a free press is often wasted on those unwilling to make
>discerning judgements. While regulation has merit in certain situations and
>social activities, a free press is generally not one where regulation should
>be a primary source of "correction". A free market is a better source.
Regulated free markets is a better choice.
1. How can one making discerning judgements if most the most prominent sources
of information are tainted?
2. Like it or not, a lie repeated often enough will be become truth.
Fragility of the
human cognitive system.
To use a financial markets example, are you better off when Livermore could
make
money or after regulations were established and he couldn't make money anymore?
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