Another Example of Our Old Media Professionals Not Understanding the World?
Afternoon Must-Read: Claudia Goldin: Close the Gender Pay Gap, Change the Way We Work

Evening Must-Read: Heroes of NoahSmithian Weblogging: Barry Ritholtz

Noah Smith: Heroes of NoahSmithian Weblogging: Barry Ritholtz:

There is a huge amount of financial disinformation and misinformation and just plain bullshit out there in the world. Most financial news is random noise, and some is even worse than that. And there's a good reason... it makes money for the people who put it out there. Thus, it is kind of a wonder that Barry Ritholtz exists at all. Barry Ritholtz... offers lots of free advice on his blog.... Much of his advice is about how you shouldn't trust the finance industry of which he is a part.... And when Barry makes a correct prediction - such as when he nearly perfectly called the bottom after the 2008 stock market crash - he attributes it to luck. That is pretty extraordinary. Along with his partner and fellow blog hero Josh Brown (The Reformed Broker), Barry is helping to bring honesty to financial media... the first popular finance blogger to report extensively on behavioral finance.