Free Market Project - Auditing the media's coverage of the free enterprise system

Volume 1 Issue 3 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 picture.

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 Good, 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 Dan Gainor.
This week: An attempt to cover outsourcing; and two good reasons not to read The Washington Post.

Also from FMP:

Special Report:
Trade Secrets: ‘Lou Dobbs Tonight’ Hides Good News Behind Negative View of Free Market

Times Downplays Greenspan’s 18-Year Success

Media Continue to Pound on Obesity Coverage

Research, News & Commentary


Commentary: Desmond Lachman of the American Enterprise Institute says the rise in oil prices demands attention to the global marketplace.

Commentary: Cato’s Alan Reynolds takes on the conventional wisdom about the proposed changes to fuel efficiency standards.

Global Warming

Commentary: So, are hurricanes getting worse because of global warming? Cato’s Pat Michaels answers.

Internet Commerce

Commentary: 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 commerce.


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?

Free Market

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, Feulner
discusses Hayek’s “The Road to Serfdom” and its enduring influence.


Upcoming Events

Tell us about events coming up in your area!

Free Choice for Workers: Protecting the Fundamental Liberties of American Labor
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?
Cato Institute
Sept. 7, 12:00 p.m.

Does Private Education Work for the Poor?
Cato Institute
Sept. 8, 12:30 p.m.


Editorial Staff
Dan Gainor, Free Market Project Director
Amy Menefee, Balance Sheet Editor
Charles Simpson, Research Analyst

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