Free Market Project -
Auditing the media's coverage of the free enterprise system
• November 16, 2005
In this issue: Home Heating • Heating Everything Else • Buck
Doesn’t Stop • Good, Bad & Ugly
Links: Harry Potter • Wal-Mart • Energy • Litigation • Health • Taxes
New from the Free Market Project
The Trouble with Forecasting
The media have been hyping higher costs for home heating this winter. The
trouble is, forecasting natural gas prices can be about as accurate as
predicting the weather. The Energy Department's projections for winter
have dropped for the past two months, but broadcasters continue to warn
consumers without acknowledging the good news
the energy supply recovered quickly from Hurricane Katrina.
Media at Large: Fox’s Changing Climate
Home heating shouldn’t be a problem much
longer, if the media’s full acceptance of global warming is any indication
of what’s really happening with the earth’s climate. The usually-balanced
Fox News departed from its norm this week for a one-sided special that has
some scientists up in arms. Unfortunately, the show also muddled the
debate with misinformation.
Media Wrong about Dollar
The Free Market Project continues to track media prophecies and their
undoing. In this edition: the economy was supposed to grind to a halt
because of a falling dollar. What happened? It’s still growing.
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 staff writer
This week:Â The Gray Lady pans tax hike in Germany; CBS shades
solar energy report; Fox News burns ‘fair and balanced’ motto in ‘The Heat
Also from FMP:
Class Warfare at the Post
CBS Begins Week-Long Gut Check
All of the Benefits, None of the Costs
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Research, News & Commentary
Culture and Government
Research: A sneak peek at a forthcoming Michigan Law Review
article on J.K. Rowling’s view of government and markets in her Harry
Potter series of novels.
Commentary: AEI gives “three cheers for Wal-Mart” in the face of
heightened criticism of the retailer.
Commentary: Is Wal-Mart a problem? Is it beating down the little
guy? Just ask John Stossel.
Research: The Heritage Foundation points out that it might be time
rethink federal subsidies for electric power, especially in the wake of
Commentary: The AEI’s Kevin Hassett chronicles the Justice
Department’s vendetta against Oracle and why that might result in another
Harriet Miers-esque backlash.
Research: The Heritage Foundation looks into the viability of
Health Care Tax Credits, suggesting a new consumer approach to health care
– and a great opportunity to make providers more efficient.
Commentary: As if one wasn’t enough, here are eight reasons to
delay the prescription drug benefit that went into effect earlier this
Commentary: John Fortier explains that despite the deadweight
floating around in Washington, tax reform is far from dead.
about events coming up in your area!
Let the U.N. Govern the Internet?
The Heritage Foundation
Nov. 17, 10:00 a.m.
Health Savings Accounts and Tax Subsidies: How Effective Can They Be?
American Enterprise Institute
Nov. 18, 2:00 p.m.
Inflation Targeting at Bernanke’s Fed
American Enterprise Institute
Nov. 22, 10:00 a.m.
Business in 2006: Creating Jobs
Nov. 28, 12:00 p.m.
Join Us in Telling 50 Million Americans Every Week About Liberal Media
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