Bad news/good news

Tomorrow’s New York Times Book Review carries Judge Richard Posner’s long, interesting essay on “why both left and right can plausibly denounce the same media for being biased in favor of the other”: “Bad news.” Judge Posner attributes a decisive role to the economic considerations that are frequently highlighted in his analysis:

The limited consumer interest in the truth is the key to understanding why both left and right can plausibly denounce the same media for being biased in favor of the other. Journalists are writing to meet a consumer demand that is not a demand for uncomfortable truths. So a newspaper that appeals to liberal readers will avoid expos

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