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> the NY Times sees an actual phenomenon, but fails to understand it. True but remember that the NYT, like any publication, isn't academic research or journal.
by gist 10y ago
> the NY Times sees an actual phenomenon, but fails to understand it.
True but remember that the NYT, like any publication, isn't academic research or journal. It isn't 'graded' and doesn't succeed or fail on facts and accuracy. Almost the only job it has is in making interesting enough reading that will help them sell advertising. It's entertainment. Nobody (or at least no professional) is using it to make investment decisions. (Although actually I am sure that is perhaps the case but that's not the paper's responsibility).
- bluGill 10y agoNYT also has reputation. If they publish too many stories that are false/inaccurate their reputation falls and people with stop reading it. How low can they go before this happens is a question.
- kesselvon 10y agoReputation for facts and accuracy is the lifeblood for mainstream newspapers, because it attracts a specific demographic that they can charge a premium for the ad space. Degrading newspapers to the point of 'entertainment' is just fallacious