Press: The Dismal Science Hits a Nerve

Network economics coverage is expanding, but is it better?

When Washington journalists were polled in 1979, the economics beat ranked a lowly eleventh in prestige among 13 categories of reporting. Today it is a prime assignment, especially in television, where the world of budgets and finance was long written off as hopelessly dull and nonvisual. Since the beginning of 1980, the number of network reporters and commentators covering economics news has increased from five to nine. The surge in status should not be surprising: economics has become hot politics and important news. The most dramatic battles on Capitol Hill during the Reagan...

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