Gyroscopic Investing

I found this article to be interesting. 

http://www.sscnet.ucla.edu/polisci/facu ... Bias.8.htm

Tim Groseclose and Jeff Milyo used a creative metric to measure media bias.  They used the sources sited by the different news organizations and compared them to the sources sited of congress.  The results are not overwhelmingly mind blowing, but they did end up with the Wall Street Journal in a very different spot than I had anticipated. 

Also, the most striking point I took away from this article was that as a group, journalists were found to be more politically liberal than Berkeley, CA.  Whether or not a person can separate themselves from their beliefs to look at something subjectively is at the very heart of the media bias debate, and the answer is is moving target depending on the person and the subject IMHO.

I thought this would be a good article for anyone interested in the media.  Enjoy! 

The Drudge Report is slightly liberal? Something's screwy with any methodology that can arrive at such a conclusion.

Pointedstick wrote: The Drudge Report is slightly liberal? Something's screwy with any methodology that can arrive at such a conclusion.

Matt Drudge is a Libertarian, so maybe that's what's confusing you?  For the record, Libertarians are, as as rule, socially liberal and fiscally conservative. 

I'm of the libertarian persuasion, too. In fact. I'm a full-blown no-state private-society anarchist. And I read the Drudge Report regularly. But These days Matt Drudge seems more like an anti-Democrat than a Libertarian. There's a difference.

Could be.  All I know is he labeled himself a Libertarian in a Playboy interview back when he was the "next hot thing".