Stories - Thursday, 16 July 2009
Economics Blogs Attract Rabid Followers
The New Stars of the Blogosphere (Wall Street Journal - U.S.)
Americans trying to understand the nail-biting financial trauma of the past several months are flocking by the millions to a surprisingly lively source of enlightenment: blogs written by economists.
Such blogs are thriving in this recession, driven by intense interest from policymakers, investors, academics and people like Zina Poletz, a Minneapolis public-relations executive who says she had little interest in economics before the financial crisis intensified last fall. "I never thought I'd be sitting up late at night reading what [Federal Reserve chairman] Ben Bernanke thinks, but now I do," she says.
For many people, economics has never seemed so captivating, or so relevant. The enormous appetite for information and guidance right now is hardly a surprise: Even those with a basic knowledge of supply and demand have struggled to keep tabs on the global downturn.(...)
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