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Feb 11

Schifferes: too much information, too much specialisation

A great deal of recent backchat, panel burble and analysis of journalism lately has focussed on diagnosing spectacular “failures”. Why did the news media so easily swallow the idea that Iraq had weapons of mass destruction? Why did the news media fail to foresee the financial meltdown in 2008?

My colleague Steve Schifferes, who directs the MA in Financial Journalism at City University, pondered on the financial failure in his inaugural lecture yesterday. (Full text here). There is a great deal to enjoy and appreciate in his look backwards and forwards over business and economic journalism, but two points in particular seem worth drawing out.
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