Good News, the Economy is Booming!
The news does often seem to be negative. But as Stephen Pinker, a Daily Pnut reader, writes the world has gotten a lot better over the past few centuries. Is the news negative because reporters don't cover good news because good news is what should be expected? Or is bad news covered because that's what sells, as bad news gets eyeballs and clicks? We think it's a bit nuanced: reporters and readers are naturally drawn to bad news because humans are loss averse (as behavioral scientists have confirmed).
We mention all of this because readers occasionally write to us saying we are too depressing. And for that reason, today's edition is focused on the fair to sunny economic global conditions.
SEASONED NUTS: QUOTABLESent from my iPad
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