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This article was first published on AlterNet

It’s Nobel Prize season again. News reports are coming out each day sharing the name of the illustrious winner of the various categories — Science, Literature, etc. But there’s one of the prizes that’s a little different. Well, that’s putting it lightly… you see, the Nobel Prize in Economics is not a real Nobel. It wasn’t created by Alfred Nobel. It’s not even called a “Nobel Prize,” no matter what the press reports say.

The five real Nobel Prizes—physics, chemistry, literature, peace, and medicine/physiology—were set up in the will left by the dynamite magnate when he died in 1895. The economics prize is a bit different. It was created by Sweden’s Central Bank in 1969, nearly 75 years later. The award’s real name is the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.” It was not established by Nobel, but supposedly in memory of Nobel. It’s a ruse and a PR trick, and I mean that literally. And it was done completely against the wishes of the Nobel family. (more…)

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Posted: October 12th, 2012

Reposted from The SHAME Project

“In propaganda, truth pays off.”

— V.I. Lenin

SHAME’s recent exposé of Newsweek/The Daily Beast correspondent Megan McArdle went into great detail about her deep, close ties to the Kochs’ libertarian influence-peddling machine and her failure to disclose the connections. The most important thing you need to know about Megan McArdle is this: She is the only journalist in America whose byline has appeared on Newsweek and Atlantic Monthly cover stories, while at the same time is so close to Charles Koch that she was chosen to emcee the big 50th Golden Anniversary bash that Koch threw last year to celebrate the success of his libertarian think-tank the Institute of Humane Studies, the first of countless dozens of think-tanks (Cato Institute, Americans for Prosperity, Competitive Enterprise Institute, etc.) that the billionaire oligarch controls today. (more…)

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Posted: October 1st, 2012

This past Friday, S.H.A.M.E. Project’s expose of Megan McArdle got a shout out from financial blogger/commentator Barry Ritholtz, who called our profile of the Newsweek/Daily Beast hack “one of the most brutal takedowns I have ever seen.” Ritholtz—author of the excellent 2009 book Bailout Nation, frequent Bloomberg TV pundit,  and the man behind the popular finance blog The Big Picture—advised his readers that “if you have any interest in media or journalism, it is absolutely must read material.” (more…)

Posted: September 24th, 2012

On Monday, September 10, the Chicago Teachers Union—the oldest teachers union in America—went on strike. Teachers are striking for better pay, smaller class sizes and more job security. They are striking against school privatizations, teaching to standardized testing and the general “corporate reform agenda” of Chicago city officials.  The list of enemies aligned against the teachers is long and intimidating: Billionaire hotel heiress Penny Pritzker, Charles Koch, Art Pope, Rahm Emanuel, President Obama and . . . Steven Levitt. Yes, Steven Levitt, University of Chicago economist and author of the wildly successful book Freakonomics. (more…)

Posted: September 12th, 2012

When billionaire brats attack!

One thing I learned from watching last week’s RNC: Being a reporter with a video camera at a GOP convention and doing anything other than sucking up to power . . . well, that just might be the most dangerous journalism job in America today. Hell, people are in danger of being lynched just for reporting while being black. (more…)

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Posted: September 7th, 2012

As we previously reported, Fareed Zakaria was reinstated by CNN/Time magazine to his post of corporate lackey. But at least one of Zakaria’s colleagues is not happy about it.

About a week ago, Iraq War liar/Palestinian prison camp guard Jeffrey Goldberg accused fellow Iraq War booster Zakaria of even more plagiarism—and not just any plagiarism, but plagiarism of Goldberg’s own interview quotes!

In my previous post, I discussed an incident from 2009 (an incident I had completely forgotten about until it was resurrected by The Washington Post and The Los Angeles Times, among others) in which Fareed Zakaria, who is currently under fire for plagiarizing a paragraph from The New Yorker, lifted, without attribution, two quotations from pieces I had written. I argued that quote-lifting, or quote-theft, is widely considered to be a journalistic sin, and should be considered so. Fareed disagrees, and he e-mailed me this response a few minutes ago (at the time, back in 2009, he didn’t respond, and it didn’t come up in subsequent conversaions [sic] I had with him, mainly because I forgot about it, I think).

Zakaria pled for mercy, saying that it wasn’t his fault that the journalism profession is so horribly corrupt and unethical. He’s just one guy, after all. Just a CNN anchor trying to make an honest living shilling for warmongers, neoliberals and multinationals:

Let me give you the best example from my own work: I have twice interviewed the Chinese Premier, Wen Jiabao. These are tough interviews to set up and take months, something years. The interviews were quoted in hundreds of newspapers and magazines across the world. Less then 10% mentioned my name. So, I would welcome a new journalistic norm that insists that the interviewer always be named. But it’s unfair to castigate me for doing something that is common, if not standard, practice.

 

Want to know more? Check out Jeffrey Goldberg’s S.H.A.M.E. Profile:


Posted: August 21st, 2012

Cross-posted from the S.H.A.M.E. Project

“[The Middle East] is so dysfunctional, any stirring of the pot is good. America’s involvement in the region is for the good. In that way, I’m an immigrant.”

—Fareed Zakaira on invasion of Iraq

After a week on the ropes, Fareed Zakaria is back in the game. Yesterday, Time and CNN announced they had cleared Zakeera of any charges of wrongdoing: “We have completed a thorough review of each of Fareed Zakaria’s columns for TIME, and we are entirely satisfied that the language in question in his recent column was an unintentional error and an isolated incident for which he has apologized. We look forward to having Fareed’s thoughtful and important voice back in the magazine with his next column in the issue that comes out on September 7.” CNN, which is a part of the Time Warner media conglomerate, issued a similar statement: “We found nothing that merited continuing the suspension. Zakaria has apologized for a journalistic lapse.” (more…)

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Posted: August 17th, 2012