News Media And The Financial Crisis

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The Media and Financial Crises

Author : Steve Schifferes
Publisher : Routledge
ISBN 13 : 1317624521
Total Pages : 339 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Media and Financial Crises by : Steve Schifferes

Download or read book The Media and Financial Crises written by Steve Schifferes and published by Routledge. This book was released on 2014-08-27 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Media and Financial Crises provides unique insights into the debate on the role of the media in the global financial crisis. Coverage is inter-disciplinary, with contributions from media studies, political economy and journalists themselves. It features a wide range of countries, including the USA, UK, Ireland, Greece, Spain and Australia, and a completely new history of financial crises in the British press over 150 years. Editors Steve Schifferes and Richard Roberts have assembled an expert set of contributors, including Joseph E Stiglitz and Lionel Barber, editor of the Financial Times. The role of the media has been central in shaping our response to the financial crisis. Examining its performance in comparative and historical perspectives is crucial to ensuring that the media does a better job next time. The book has five distinct parts: The Banking Crisis and the Media The Euro-Crisis and the Media Challenges for the Media The Lessons of History Media Messengers Under Interrogation The Media and Financial Crises offers broad and coherent coverage, making it ideal for both students and scholars of financial journalism, journalism studies, media studies, and media and economic history.

News Media and the Financial Crisis

Author : Adam Cox
Publisher : Taylor & Francis
ISBN 13 : 1000618196
Total Pages : 90 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis News Media and the Financial Crisis by : Adam Cox

Download or read book News Media and the Financial Crisis written by Adam Cox and published by Taylor & Francis. This book was released on 2022-05-25 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how leading news media responded to the 2008 financial crisis and its aftermath, showing how journalists regularly framed discussions about post-crisis regulatory reform in ways that reinforced the same market liberal policy paradigm that had ushered in the crisis. Drawing on an analysis of nearly three years of news coverage and on interviews with journalists who covered the financial crash for major media groups, Adam Cox demonstrates how this framing of issues, often focusing on the costs of tighter regulation rather than the preventive benefits, formed the basis of a post-crisis narrative in the United States that undermined the role of the state, despite the wreckage that had just occurred. He looks at how state actors, think tanks and the financial industry worked in concert to encourage such a narrative, ultimately lending support to a market liberal worldview that was being seriously challenged for the first time in decades. While highlighting journalists’ ability to resist agenda-building efforts by powerful actors, this book offers a methodology for considering media narratives based on quantitative analysis of framing patterns. News Media and the Financial Crisis is aimed at students and researchers working at the intersection of communications, journalism, political economy and public policy.

The Media, the Public and the Great Financial Crisis

Author : Mike Berry
Publisher : Springer
ISBN 13 : 1137499737
Total Pages : 307 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis The Media, the Public and the Great Financial Crisis by : Mike Berry

Download or read book The Media, the Public and the Great Financial Crisis written by Mike Berry and published by Springer. This book was released on 2019-01-11 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the impact of the print and broadcast media on public knowledge and understanding of the 2008 Great Financial Crisis. It represents the first systemic attempt to analyse how mass media influenced public opinion and political events during this key period in Britain's economic history. To do this, the book combines analysis of media content, focus groups with members of the public and interviews with leading news journalists and editors in order to unpack the production, content and reception of economic news. From the banking crisis to the debate over Britain's public deficit, this book explores the key role of the press and broadcasting in shaping public understanding and legitimating austerity through both short and long term patterns of media socialisation.

The Watchdog That Didn't Bark

Author : Dean Starkman
Publisher : Columbia University Press
ISBN 13 : 0231536283
Total Pages : 385 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Watchdog That Didn't Bark by : Dean Starkman

Download or read book The Watchdog That Didn't Bark written by Dean Starkman and published by Columbia University Press. This book was released on 2014-01-07 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Pulitzer Prize-winning reporter details “how the U.S. business press could miss the most important economic implosion of the past eighty years” (Eric Alterman, media columnist for The Nation). In this sweeping, incisive post-mortem, Dean Starkman exposes the critical shortcomings that softened coverage in the business press during the mortgage era and the years leading up to the financial collapse of 2008. He examines the deep cultural and structural shifts—some unavoidable, some self-inflicted—that eroded journalism’s appetite for its role as watchdog. The result was a deafening silence about systemic corruption in the financial industry. Tragically, this silence grew only more profound as the mortgage madness reached its terrible apogee from 2004 through 2006. Starkman frames his analysis in a broad argument about journalism itself, dividing the profession into two competing approaches—access reporting and accountability reporting—which rely on entirely different sources and produce radically different representations of reality. As Starkman explains, access journalism came to dominate business reporting in the 1990s, a process he calls “CNBCization,” and rather than examining risky, even corrupt, corporate behavior, mainstream reporters focused on profiling executives and informing investors. Starkman concludes with a critique of the digital-news ideology and corporate influence, which threaten to further undermine investigative reporting, and he shows how financial coverage, and journalism as a whole, can reclaim its bite. “Can stand as a potentially enduring case study of what went wrong and why.”—Alec Klein, national bestselling author of Aftermath “With detailed statistics, Starkman provides keen analysis of how the media failed in its mission at a crucial time for the U.S. economy.”—Booklist

The Media and Financial Crises

Author : Steve Schifferes
Publisher : Routledge
ISBN 13 : 1317624513
Total Pages : 339 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Media and Financial Crises by : Steve Schifferes

The Media and Austerity

Author : Laura Basu
Publisher : Routledge
ISBN 13 : 1351714783
Total Pages : 268 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis The Media and Austerity by : Laura Basu

Download or read book The Media and Austerity written by Laura Basu and published by Routledge. This book was released on 2018-04-27 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Media and Austerity examines the role of the news media in communicating and critiquing economic and social austerity measures in Europe since 2010. From an array of comparative, historical and interdisciplinary vantage points, this edited collection seeks to understand how and why austerity came to be perceived as the only legitimate policy response to the financial crisis for nearly a decade after it began. Drawing on an international range of contributors with backgrounds in journalism, politics, history and economics, the book presents chapters exploring differing media representations of austerity from UK, US and European perspectives. It also investigates practices in financial journalism and highlights the role of social media in reporting public responses to government austerity measures. They reveal that, without a credible and coherent alternative to austerity from the political opposition, what had been an initial response to the consequences of the financial crisis, became entrenched between 2010 and 2015 in political discourse. The Media and Austerity is a clear and concise introduction for students of journalism, media, politics and finance to the connections between the media, politics and society in relation to the public perception of austerity after the 2008 global financial crash.

Bad News

Author : Anya Schiffrin
Publisher : New Press, The
ISBN 13 : 1595585494
Total Pages : 242 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis Bad News by : Anya Schiffrin

Download or read book Bad News written by Anya Schiffrin and published by New Press, The. This book was released on 2011-01-25 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the business press in the current financial crisis strikes at the heart of the heated debate about the media’s role as guardians of our democratic society. With contributions from leading journalists and academics at the forefront of this issue, From Boom to Bust is the first attempt to navigate through a controversy that will be studied for decades to come.

The Greek Crisis in the Media

Author : George Tzogopoulos
Publisher : Routledge
ISBN 13 : 100015212X
Total Pages : 333 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis The Greek Crisis in the Media by : George Tzogopoulos

Download or read book The Greek Crisis in the Media written by George Tzogopoulos and published by Routledge. This book was released on 2020-07-26 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The portrayal of Greece by the international press during the financial crisis has been seen by many independent observers as very harsh. The Greeks have often been blamed for a myriad of international political problems and external economic factors beyond their control. In this original and insightful work George Tzogopoulos examines international newspaper coverage of the unfolding economic crisis in Greece. American, British, French, German and Italian broadsheet and tabloid coverage is carefully analysed. The Greek Crisis in the Media debates and dissects the extent to which the Greek response to the financial crisis has been given fair and balanced coverage by the press and questions how far politics and national stereotypes have played their part in the reporting of events. By placing the Greek experiences and treatment alongside those of other EU members such as Portugal, Ireland, Italy and Spain, Tzogopoulos examines and highlights similarities and differences in the ways in which different countries tackled the challenges they faced during this crucial period and explores how and why the world's media reported these events.

The Political Economy and Media Coverage of the European Economic Crisis

Author : Julien Mercille
Publisher : Routledge
ISBN 13 : 1317952111
Total Pages : 235 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis The Political Economy and Media Coverage of the European Economic Crisis by : Julien Mercille

Download or read book The Political Economy and Media Coverage of the European Economic Crisis written by Julien Mercille and published by Routledge. This book was released on 2014-08-27 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European economic crisis has been ongoing since 2008 and while austerity has spread over the continent, it has failed to revive economies. The media have played an important ideological role in presenting the policies of economic and political elites in a favourable light, even if the latter’s aim has been to shift the burden of adjustment onto citizens. This book explains how and why, using a critical political economic perspective and focusing on the case of Ireland. Throughout, Ireland is compared with contemporary and historical examples to contextualise the arguments made. The book covers the housing bubble that led to the crash, the rescue of financial institutions by the state, the role of the European institutions and the International Monetary Fund, austerity, and the possibility of leaving the eurozone for Europe’s peripheral countries. Through a systematic analysis of Ireland’s main newspapers, it is argued that the media reflect elite views and interests and downplay alternative policies that could lead to more progressive responses to the crisis.

The Euro Crisis in the Media

Author : Robert G. Picard
Publisher : Bloomsbury Publishing
ISBN 13 : 085772701X
Total Pages : 320 pages
Book Rating : 4.8/5 (577 download)

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Book Synopsis The Euro Crisis in the Media by : Robert G. Picard

Download or read book The Euro Crisis in the Media written by Robert G. Picard and published by Bloomsbury Publishing. This book was released on 2015-07-28 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Euro Crisis produced the most significant challenge to European integration in 60 years--testing the structures and powers of the European Union and the Eurozone and threatening the common currency. This book explores how the financial and political crisis was portrayed in the European press and the implications of that coverage on public understanding of the developments, their causes, responsibilities for addressing the crisis, the roles and effectiveness of European institutions, and the implications for European integration and identity. It addresses factors that shaped news and analysis, the roles of European leaders, and the extent to which national and pan-European debates over the crisis occurred. In doing so, it provides a clear and readable explanation of what the portrayals tell us about Europe and European integration in the early twenty-first century.

Media Smackdown

Author : Abraham Aamidor
Publisher : Peter Lang Incorporated, International Academic Publishers
ISBN 13 : 9781433120947
Total Pages : 0 pages
Book Rating : 4.1/5 (29 download)

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Book Synopsis Media Smackdown by : Abraham Aamidor

Download or read book Media Smackdown written by Abraham Aamidor and published by Peter Lang Incorporated, International Academic Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Journalism is in crisis. The rise of the internet through social media and citizen journalism and the financial crisis of 2008 have taken their toll. Thousands of reporters and editors have been laid off; nightly news on the major networks is losing close to one million viewers a year; newspapers have seen declining ad revenues and circulation figures cut in half; and the old business model for newspapers based on advertising and subscriptions appears to be collapsing. Filling the void is commentary, punditry, and even bigotry. It may have an audience, but it's not journalism in the professional sense: a commitment to objectivity and a separation of news and opinion. At this important juncture in the evolution of journalism, Media Smackdown takes a close look at the history of the news media in America in order to address the historical, legal, economic, theoretical, and political issues that affect the practice as well as the changing face and future of journalism.

The Political Content of British Economic, Business and Financial Journalism

Author : Gary James Merrill
Publisher : Springer
ISBN 13 : 3030040127
Total Pages : 201 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Political Content of British Economic, Business and Financial Journalism by : Gary James Merrill

Download or read book The Political Content of British Economic, Business and Financial Journalism written by Gary James Merrill and published by Springer. This book was released on 2019-03-16 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the extent to which British news organizations gave exposure and credence to different political interpretations of economics and business news in the decade before the 2008 Financial Crisis. Through the content analysis of some 1,600 news items, this study provides compelling empirical evidence to inform often theoretical debates about neoliberal assumptions in the media. In each of the three pre-2008 case studies – economic globalization, private finance and public services, and Tesco – Merrill finds that the Telegraph, The Times, the Sunday Times and, to varying extents, the Guardian-Observer and the BBC gave limited exposure and credence to ideas from the left of the political spectrum. As such, he builds an important comparative picture of economic, business and financial journalism in the period before the defining event of the decade, the effects of which continue to resonate.

Framing Austerity

Author : Aileen Marron
Publisher : Rowman & Littlefield
ISBN 13 : 1786611066
Total Pages : 139 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis Framing Austerity by : Aileen Marron

Download or read book Framing Austerity written by Aileen Marron and published by Rowman & Littlefield. This book was released on 2021-05-25 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph examines the ways in which discourses on the public sector were articulated in the print media during the 2011 financial crisis in the Irish, UK and European news media. It finds that coverage of the public sector was ideological, portraying public sector workers as overpaid, inefficient, and sheltered from the worst of the crisis. These explanations perpetuated the view that there was a need for austerity through cutbacks to public services and public sector pay. The central thesis is that these representations must be understood as being part of the complex organisational culture of the newsroom. Additional themes explored in the book include but are not limited to: Media ownership concentration and journalistic self-censorship. The marketisation of news and its impact on journalistic practice. The casualisation of the newsroom. The fourth estate function of the media. The discourse of austerity. Neoliberalism as a dominant ideology. Reflexivity in the newsroom. The crisis of credibility in journalism. Media portrayals of The “Looney” Left versus the “Reasonable” Right.

Journalism in Crisis

Author : Mike Gasher
Publisher : University of Toronto Press
ISBN 13 : 1442625201
Total Pages : 360 pages
Book Rating : 4.4/5 (426 download)

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Book Synopsis Journalism in Crisis by : Mike Gasher

Download or read book Journalism in Crisis written by Mike Gasher and published by University of Toronto Press. This book was released on 2016-11-14 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Journalism in Crisis addresses the concerns of scholars, activists, and journalists committed to Canadian journalism as a democratic institution and as a set of democratic practices. The authors look within Canada and abroad for solutions for balancing the Canadian media ecology. Public policies have been central to the creation and shaping of Canada’s media system and, rather than wait for new technologies or economic models, the contributors offer concrete recommendations for how public policies can foster journalism that can support democratic life in twenty-first century Canada. Their work, which includes new theoretical perspectives and valuable discussions of journalism practices in public, private, and community media, should be read by professional and citizen journalists, academics, media activists, policy makers and media audiences concerned about the future of democratic journalism in Canada.

Economic Inequality and News Media

Author : Andrea Grisold
Publisher : Oxford University Press, USA
ISBN 13 : 0190053909
Total Pages : 277 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis Economic Inequality and News Media by : Andrea Grisold

Download or read book Economic Inequality and News Media written by Andrea Grisold and published by Oxford University Press, USA. This book was released on 2020 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends. Clearly, economic inequalities have become increasingly prominent issues in recent public debates, not least in the context of the latest Great Recession that followed from the financial crash in 2007, and attendant austerity regimes in many countries. This holds true for the debate in the wider public sphere as well as in many fields of academic study, not least in the two specific disciplinary areas most related to this book: political economy and media and journalism studies. Yet, in precisely those two academic fields we find important and parallel 'blindspots' which underline the distinctive focus and contribution of the present book: On the one hand, key issues related to economic inequalities (much like economic processes in general), have been much neglected in the academic fields specialising in news media and journalism studies. On the other hand, the major schools of theory and analysis in mainstream economics have paid relatively little explicit attention to the evolving scope, role or implications of mediated communication. This blindspot applies to both the conduct and performance of economic processes in general, as well as to engagement with the highly sensitive sub-arena of economic inequalities which is of particular interest in this book. In essence, this book is informed by the findings of a distinctive multi-country empirical research project undertaken by a multi-disciplinary team of researchers with economic, media and linguistic expertise. It explores how Piketty's book has been received and represented by news media based across four countries (Austria, Germany, Ireland and the United Kingdom) in the thirteen months following its publication. The primary aim of this book is to present the findings of a transdisciplinary and cross-national empirical study of news media coverage of economic inequality themes in four European countries. It focuses on the period following the launch of Thomas Piketty's (2014) high-profile and best-selling book 'Capital in the Twenty-First Century' (C21). This study is informed by a distinctive theoretical perspective drawing from institutional and political economy, media and journalism studies fields as well as critical discourse analysis. It is mindful of longer-term trends of rising economic inequality as well as the rather extraordinary series of electoral processes and redistribution policy outcomes across many electoral systems over recent decades. In sum, this book offers novel insights on key features of much-neglected links between how news media select, frame and discuss issues related to economic inequality and how such story-telling links to the specific aspects of the economic and public policy factors shaping the onward march of economic inequality in the long-run"--

Economic News

Author : Rens Vliegenthart
Publisher : Cambridge University Press
ISBN 13 : 1108952631
Total Pages : 81 pages
Book Rating : 4.1/5 (89 download)

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Book Synopsis Economic News by : Rens Vliegenthart

Download or read book Economic News written by Rens Vliegenthart and published by Cambridge University Press. This book was released on 2021-06-17 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element provides a concise review of the existing literature on content, antecedents and consequences of economic news coverage. It tests and refines prominent assumptions and hypotheses in this area. Relying on communication science theories such as framing, news values and media dependency theories, we first outline and explain how media cover the economy. Additionally, it demonstrates that coverage has a fundamental impact above and beyond the state of the economy, both on economic perceptions and political attitudes of citizens, as well as on political decision makers and media reputation of a wide variety of organizations.

The Financial Crisis Inquiry Report

Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
ISBN 13 : 1616405414
Total Pages : 692 pages
Book Rating : 4.6/5 (164 download)

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Book Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.