I’m a real fan of the Wall Street Journal. I read it on the BART every morning, to the displeasure of my knee-jerk co-passengers.
Why is the Journal awesome? Because days like today, you find reporting showing how branding is often an illusion, how cheaper printer cartridges are actually more expensive, and how formaldehyde is used as a preservative in Asia. Denialists may be reading the opinion page, but the rest of the paper seems to highlight the many difficulties and imperfections in the market–from insider trading to outrageous executive pay. All in the same day.
Back to the opinion page…it’s crazy. The editors are infatuated with boogeymen. Today, they hit four of them: the IRS, Elliott Spitzer, the trial lawyers, and George Soros. And the facts asserted on it often differ from the reporting elsewhere in the paper. Going forward, I’m going to document examples of this, and I invite you to do so as well!