Free Market Project -
Auditing the media's coverage of the free enterprise system
• August 31, 2005
In this issue: Refining Gas
Coverage • The Media Spin • Housing • Good, Bad & Ugly
Energy • Global Warming • E-commerce • Taxes •
Free Market • Events
New from the Free Market Project
Refining: the Untold Story of the Oil Chain
Gas prices are up, and Hurricane Katrina’s shutdown of Gulf refineries is
bad. That much we know. But what’s the rest of the story? The Free Market
Project looked for answers in three months of network news coverage and
found few explanations of how U.S. oil refining fits into the gas supply
The Media Spin: Reading Tea Leaves on Global Warming
David Goodnow, a veteran reporter and former CNN anchor, is an adviser to
the Free Market Project. His column this month recalls the history of
global climate frights – back in the news as reporters link Hurricane
Katrina with global warming. Would you believe people once feared another
“little ice age”?
One-sided View of Housing Bubbles to Surface
When Alan Greenspan speaks, people listen. But the media continue to
interpret his statements toward a coming housing apocalypse – whether he
foretells it or not.
the Bad & the Ugly
The Good, the Bad & the Ugly tracks the best and worst media coverage of
business and economics. Readers are invited to submit suggestions or news
tips to Director
This week: An attempt to cover outsourcing; and two good reasons
not to read The Washington Post.
Also from FMP:
Trade Secrets: ‘Lou Dobbs Tonight’ Hides Good News Behind Negative View of
Times Downplays Greenspan’s 18-Year Success
Media Continue to Pound on Obesity Coverage
Research, News & Commentary
Desmond Lachman of the American Enterprise Institute says the rise in oil
prices demands attention to the global marketplace.
Cato’s Alan Reynolds takes on the conventional wisdom about the proposed
changes to fuel efficiency standards.
Commentary: So, are hurricanes getting worse because of global
warming? Cato’s Pat Michaels answers.
AEI’s James K. Glassman extols America’s “entrepreneurship engine” and
the free market made possible by the Internet.
News: The Heartland Institute’s Steve Stanek writes for Budget
& Tax News about the 18-state network that is working to tax Internet
News: The Heartland Institute’s John W. Skorburg examines
state budget figures: Total state tax revenues grew three times faster
than inflation in the first quarter. Are lower tax rates the key?
Research: Is American consumer spending out of control? AEI’s
John H. Makin explores spending, saving and the Fed’s role.
Interview: Ed Feulner, the president of The Heritage
Foundation, knew famed economist
F.A. Hayek personally. Now, 60 years after the end of World War II,
discusses Hayek’s “The Road to Serfdom” and its enduring influence.
about events coming up in your area!
Free Choice for Workers: Protecting the Fundamental Liberties of American
The Heritage Foundation
Sept. 1, 12:00 p.m.
The $253 Million Vioxx Verdict: What Does It Mean?
American Enterprise Institute
Sept. 7, 9:00 a.m.
Medicaid and the Long-Term Care Crisis: Who Should Pay?
Sept. 7, 12:00 p.m.
Private Education Work for the Poor?
Sept. 8, 12:30 p.m.
New MRC Blog Launches!
The MRC's blog site,
"Exposing and Combating Liberal Media Bias," has launched. With your
participation we trust
will soon become THE blog site for tracking and correcting
liberal media bias. Come post your comments and get fresh proof
of media misdeeds at:
Or, visit Media Research Center at: www.mediaresearch.org