Monday, December 19, 2005

Media Bias Economics

From UCLA News:
"While the editorial page of The Wall Street Journal is conservative, the newspaper's news pages are liberal, even more liberal than The New York Times. The Drudge Report may have a right-wing reputation, but it leans left. Coverage by public television and radio is conservative compared to the rest of the mainstream media. Meanwhile, almost all major media outlets tilt to the left.

These are just a few of the surprising findings from a UCLA-led study, which is believed to be the first successful attempt at objectively quantifying bias in a range of media outlets and ranking them accordingly.

'I suspected that many media outlets would tilt to the left because surveys have shown that reporters tend to vote more Democrat than Republican,' said Tim Groseclose, a UCLA political scientist and the study's lead author. 'But I was surprised at just how pronounced the distinctions are.'

'Overall, the major media outlets are quite moderate compared to members of Congress, but even so, there is a quantifiable and significant bias in that nearly all of them lean to the left,' said co‑author Jeffrey Milyo, University of Missouri economist and public policy scholar.

The results appear in the latest issue of the Quarterly Journal of Economics, which will become available in mid-December."
Hmmm. If it's published in QJE, it has to be right, eh?

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