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<DIV style="FONT-FAMILY: times new roman, new york, times, serif; FONT-SIZE: 12pt"><FONT size=2 face=Arial>----- Forwarded Message -----<BR><B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B> Associative Economics Bulletin <ame@cfae.biz><BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> dharao4@yahoo.co.uk <BR><B><SPAN style="FONT-WEIGHT: bold">Sent:</SPAN></B> Tuesday, 10 January 2012, 15:43<BR><B><SPAN style="FONT-WEIGHT: bold">Subject:</SPAN></B> Challenging Financial Journalism. Associate! January 2012<BR></FONT><WBR>
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<DIV class=yiv1589491108news-single-timedata>10 Jan, 2012 14:19 Age: 1 hour<WBR></DIV>
<H1>Challenging Financial Journalism</H1>
<H2>Associate! January 2012</H2>
<DIV class=yiv1589491108news-single-img><A href="http://2011.cfae.biz/index.php?id=287&rid=t_10679&mid=217&aC=6362ccd2&jumpurl=2" rel=nofollow target=_blank><IMG alt="" src="http://2011.cfae.biz/typo3temp/pics/9c96d80579.jpg" width=247 height=350></A>
<div style="WIDTH: 247px" class=yiv1589491108news-single-imgcaption>Click file link below to read further</div></DIV>
<div>From the editorial - <A class=yiv1589491108internal-link title="Opens internal link in current window" href="http://2011.cfae.biz/index.php?id=287&rid=t_10679&mid=217&aC=6362ccd2&jumpurl=3" rel=nofollow target=_blank>Associate! </A>January 2012 </div>
<div>Finance refers to the intangible dimension of our economic relationships and arrangements. Objectivity in this realm is not the same as describing physical phenomena because the writer is part of what he reports on. In other words, the narrative chosen by financial journalism does not have its home in sense-perceptible realms. This is why, in the view of some, finance is inextricable from the way it is articulated, its truth shaped by the way it is mediated. In this issue we ask whether financial journalists – insofar as they reiterate the paradigm by which finance is generally explained – do not bear the responsibility of accomplices for the events they report. </div>
<div>In the lead piece, <B>Arthur Edwards</B> reports on a recent <B>conference in the City of London</B> that provided an opportunity for leading financial journalists to do public penance for their self-confessed omissions. One outcome of this event was that some felt that journalists should not influence the events which they report, while others felt that, insofar as finance is ‘performative’, journalists need to see themselves as ‘players’ rather than onlookers. </div>
<div>Restating <B>Don’t blame us for the crash - we just reported the news</B> by <B>Roy Greenslade</B>, Sign of the Time represents the former view. </div>
<div>The feature item on <B>Reflexivity and Representation</B> by <B>Peter Thompson</B> represents the other view. It is an abridged for the lay reader from a much longer tour-de-force technical paper. </div>
<div><B>Comment </B>considers the role of <B>Associate!</B> in these regards. We describe what we hope is a robust position but welcome readers’ comments. </div>
<div>The <B>AEX Pages</B> include recent postings on the subject of non-bank internet financing, details of an important book that anlayses the thinking, or lack of it, underlying neo-liberalism, and a report on recent associative economic events in Argentina. </div>
<div><B>Accounting Corner</B> contributes to our theme with a reflection on how accounting also has to consider the way it understands and reports things, in this case profit. </div>
<div> </div>
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<DD><IMG alt="" src="http://2011.cfae.biz/typo3/sysext/cms/tslib/media/fileicons/pdf.gif" width=18 height=16><A href="http://2011.cfae.biz/index.php?id=287&rid=t_10679&mid=217&aC=6362ccd2&jumpurl=4" rel=nofollow target=_blank>A__2012_jan_p1.pdf</A>413 K</DD></DL></DIV>
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