David Leonhardt‘s analyses are presented on the front page of The New York Times.
So he must be very good.
He is brilliant.
Read here his latest piece called Issue Is Payback, Not Bailout
A quote:
Personally, I couldn’t care less how much of the subsidy goes to Wall Street’s chief executives and how much goes to Wall Street’s shareholders. I care about the size of the subsidy that we taxpayers are paying. And in a frenzied week, any time spent on talking about C.E.O. pay is time not spent on designing the toughest possible bailout package.
I will try to find more sources of good financial journalism, but my point on these matters is this:
I am with Henry Luce, who said that it is easier to teach economics to a journalist than to rewrite the stuff produced by economists.
Remember that he selected the first FORTUNE editors from the English department of Harvard University.
And they did a marvelous job.
What we need today is not more brilliant economists in our pages, but brilliant storytellers who are able to explain the financial mess produced by all these Wall Street crooks, lazy regulators and stupid politicians.
It’s time for watchdog journalism.
It’s a big time for real journalism.
The best time for storytelling.
(In the picture: a fantastic poster for the “War of Wealth” by Charles Turner Dazey, a play that opened Feb. 10, 1896.)