arcmath23h ago

Insider's ethnography of talking financialization media.

"Analysts and media figures understand financial talk as requiring a skill set distinct from conducting research or representing facts."

(Publisher description for Alex Preda, The Spectacle of Expertise, 2023)

#SkillsMismatch #NonComplementarySkills #DecoupledSkills #IncompatibleSkills #SkillsBifurcation #Deskill #Deskilling #Deskilled #Econonomics #Econ #EconPolicy

https://cup.columbia.edu/book/the-spectacle-of-expertise/9780231202473/

The Spectacle of Expertise | Columbia University Press

Financial experts have become ubiquitous on television, radio, and social media. They provide investment advice, interpret market movements, and explain the ... | CUP

Columbia University Press
Karthikeyan A K Aug 5, 2024

Budget in #India

#Finance #Econonomics #Corruption #Capitalism #Oligarchy

Show threadˈdälfən™🐬 💥 🌊Mar 23, 2024

It's actually a 'price maker' just like Google is because each company provides unique and differentiated products.

(Remember from the first post in this thread, the market is a duopoly in one sense and an oligopoly in another.)

/22

It's #econonomics.