Robert Samuelson: Goodbye, readers…

As regular readers know, I write on the economy and its connection with society and politics. Over the years, I’ve explored dozens of subjects: recessions, inflation, executive pay, budget deficits, climate change, poverty, the welfare state, trade, taxes, aging, cybersecurity, China, the stock market — and many others. So far as I can tell, nothing that I have written has ever had the slightest effect on what actually happened. A long period of solid economic growth — labeled the Great Moderation by economists — fueled easy credit, shaky loans, defaults and insolvent lenders. Goodbye and good luck — you’ll need as much help as you can get.


Robert J. Samuelson wrote a twice-weekly economics column. Both appeared in the Washington Post online, and one usually ran in The Washington Post in print on Mondays.

Fox Biz Network adds Wall Street Journal technology columnist

The Fox Business Network and The Wall Street Journal, two siblings in the News Corp. family, are contractually restricted in what resources they can share. But they have taken another step toward family unity by announcing that the personal technology columnist Walt Mossberg will be a regular contributor to the upstart cable channel.

The announcement makes Mossberg, who writes two columns for The Wall Street Journal, the most prominent person from the newspaper to contribute to the cable channel, created by News Corp. last October, about the same time that it was buying Dow Jones.

A 15-year contract that extends until 2012 between CNBC, the dominant business channel, and The Journal prevents many Journal reporters from appearing on Fox Business programs…

“As long as we stay away from branded, regularly scheduled segments of business news, we’re safe,” Kevin Magee, an executive vice president at Fox News, said in an interview. “Breaking news is fine and nonbusiness news is fine.”

It’s beginning to look as if Murdoch realize the “fair and balanced” crap act needs to be abandoned to grow to an all-encompassing market. You can’t count on selling sophisticated biz news to NASCAR reality junkies. And as business TV goes, FBN is a mediocrity.