Nice mention in the WSJ on economic blogging today;
Here’s an excerpt:
"For years investors have had pretty good access to the finest economic thinkers, via research reports and print and television media.
Now the floodgates are really open: The economists — including prominent names from universities and even the Federal Reserve — have started blogging, posting their thoughts on the Web on a variety of things, including the rise in oil prices and the future of interest rates.
While many investors continue to take their cues from traditional outlets, the real news junkies — including those who aim to get a trading idea before they hear about it from their broker — have bookmarked the blogs, or Web logs. Even Wall Street itself is paying heed.
"It’s all about the ‘memes,’ " says Stan Jonas, head of interest rate strategy at Fimat USA in New York, employing a word that describes ideas that spread quickly by word of mouth — or Web. "Those guys say it and about a week or two later, the guys on Wall Street pick it up."
The econ blogs mentioned:
(5) http://bigpicture.typepad.com (hey now!)
UPDATE August 15, 2005 1:58pm
The WSJ article is now free (no sub req’d)! You can see it here:
Economists Join Blogging Frontier
Web Provides Visibility And Voice to Spread Ideas; A Federal Reserve Blogger
By AGNES T. CRANE
DOW JONES NEWSWIRES, August 11, 2005
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.