Tuesday , November 30 2021
Home / S. Sumner: Money Illusion / You don’t respect people by killing them

You don’t respect people by killing them

Summary:
This story caught my eye: The trailer for Tucker Carlson’s special about the Jan. 6 mob at the U.S. Capitol landed online Oct. 27, and that night Jonah Goldberg sent a text to his business partner, Stephen Hayes: “I’m tempted just to quit Fox over this.”“I’m game,” Hayes replied. “Totally outrageous. It will lead to violence. Not sure how we can stay.” And this: The reality of Fox and similar institutions is that many of their leaders feel that the tight bond between Trump and their audiences or constituents leaves them little choice but to go along, whatever they believe. Fox employees often speak of this in terms of “respecting the audience.” And in a polarized age, the greatest opportunities for ratings, money and attention, as politicians and media outlets left

Topics:
Scott Sumner considers the following as important:

This could be interesting, too:

conversableeconomist writes Some Economics of Place Effects

Menzie Chinn writes Two Pictures from the Financial Markets

Menzie Chinn writes One Year Inflation Expectations

conversableeconomist writes Forks: A Story of Technological Diffusion

This story caught my eye:

The trailer for Tucker Carlson’s special about the Jan. 6 mob at the U.S. Capitol landed online Oct. 27, and that night Jonah Goldberg sent a text to his business partner, Stephen Hayes: “I’m tempted just to quit Fox over this.”

“I’m game,” Hayes replied. “Totally outrageous. It will lead to violence. Not sure how we can stay.”

And this:

The reality of Fox and similar institutions is that many of their leaders feel that the tight bond between Trump and their audiences or constituents leaves them little choice but to go along, whatever they believe. Fox employees often speak of this in terms of “respecting the audience.” And in a polarized age, the greatest opportunities for ratings, money and attention, as politicians and media outlets left and right have demonstrated, are on the extreme edges of American politics.

Carlson became the network’s most-watched prime-time host by playing explicitly to that fringe, and “Patriot Purge” — through insinuations and imagery — explored an alternate history of Jan. 6 in which the violence was a “false flag” and the consequence has been the persecution of conservatives.

I’d expect anyone with half a brain to know that you respect people by telling them the truth, not by lying to them. But if you’ve watched Fox News.

Fox has peddled conspiracy theories about Covid, and as a result their viewers are now much more likely to die of the disease than CNN viewers. That’s not treating them with “respect”; that’s catering to the ignorance of a segment of Fox viewers (not all).

Meanwhile the Democratic Party is making an all out push to elect Donald Trump president in 2024. They seem to be operating with the political theory that, “Meals are especially tasty when you eat the dessert first and the vegetables at the end.”

Have a nice day.

PS. Powell was reappointed. Yawn. Trump will dump him in 2026.


Tags:

 
 
 
Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

Leave a Reply

Your email address will not be published. Required fields are marked *