The media industry plays a critical role in any economy. It can influence economic, political, and social outcomes. The media serves as a voice of the people and can disseminate important economic information. It can promote greater degrees of freedom and can foster a freer flow of information. This book is concerned with the factors which determine how the media industry supports economic progress. It cites examples which show the value of the information provided by the media. Contributors to this publication include Gabriel Garcia Marquez, winner of the Nobel Peace Prize for Literature and Colombian journalist and writer, Robert J. Shiller, author of Irrational Exuberance, and Joseph Stiglitz, winner of the Nobel Peace Prize for Economics and Columbia University Professor.
