"Silent Partners" - link - http://www.boston.com/yourtown/cambridge/articles/2010/11/21/silent_partners/ - 3 views

• 
  #1 mary lou horn on 21 Nov 10

   

  Constituency building?
  
  In today's Globe, Robert Gavin summarizes work done by a pair of researchers at UMass/Amherst. The work brings to light potential conflicts of interest or unreported influence that investing in the market itself may have on those reporting on the economy as experts, thus clouding their objectivity. The article is followed by a brief interview. I wonder if developing like mindedness through profits is a passive form of "constituency building."
  
  Sidebar: I feel there is a loose parallel to the Bush-McGraw-Pearson story. If experts create a situation to be addressed, others may benefit from the attempts to change the situation, only for the economists, they failed to see clearly. Not so long ago, much pressure was put on the lending industry, by governments and others, to open up the mortgage market to higher-risk groups. That practice ensured a glut of bad loans that we are living with now.

   

  <div class="cArrow"> </div><div class="cContentInner">Constituency building? <br /> <br /> In today's Globe, Robert Gavin summarizes work done by a pair of researchers at UMass/Amherst. The work brings to light potential conflicts of interest or unreported influence that investing in the market itself may have on those reporting on the economy as experts, thus clouding their objectivity. The article is followed by a brief interview. I wonder if developing like mindedness through profits is a passive form of "constituency building." <br /> <br /> Sidebar: I feel there is a loose parallel to the Bush-McGraw-Pearson story. If experts create a situation to be addressed, others may benefit from the attempts to change the situation, only for the economists, they failed to see clearly. Not so long ago, much pressure was put on the lending industry, by governments and others, to open up the mortgage market to higher-risk groups. That practice ensured a glut of bad loans that we are living with now.</div>

  ...

  Cancel

To Top