How much does investigative journalism cost? What are its benefits? Why is it so hard to monetize? Can markets keep on providing this service? In an interview with ProMarket, James Hamilton offers answers to these and other questions related to investigative journalism.
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Donald Trump is actually a boon for many media outlets. Consider, for instance, the case of Sinclair’s TV and radio stations that supported him throughout his presidential campaign.
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Does the fact that Russian readers consume news produced by government-controlled entities, even though they have access to independent sources, imply a demand for pro-government bias? A new Stigler Center working paper provides a unique view into Russia’s news market.
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Narratives that alter beliefs and change norms or guiding principles may indeed have real and lasting effects.
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Is investigative journalism a private or public good? A new Stigler Center case study focuses on the success of French online news website Mediapart and explores the economics of media companies in the age of digital disruption.
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PwC suffered an enormous blow to its reputation following the Oscars because the ceremony is highly visible and the failure was simple to understand. But the accounting giant has experienced many blunders in the last decade that, despite being far more significant, left its reputation unscathed.
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As ProMarket enters its second year of operation, we would like to understand what you, our readers, have liked about our blog and what can be improved.
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Narratives are vectors of ideas. Nobel laureate Robert Shiller suggests that in the age of social information networks, economists need to rethink how and why information really spreads.
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This 10-week program, which will take place in Chicago Booth’s Hyde Park Campus, will offer a transformative learning experience for up-and-coming journalists seeking to deepen their understanding of the political economy.
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The first edition of our monthly roundup that includes ProMarket posts from the previous month, as well as interesting stories from our “Weekly Briefing” section.
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Many people like to think of media as another market where competition drives innovation, quality, and integrity. But this is not always the case.
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The inaugural piece of a new ProMarket mini-paper series.
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