Mainstream business media turned openly hostile to economics after 2008

Evidence

General-interest magazines, from Business Week to The Economist to the New York Times, which had hitherto volunteered as cheerleaders for the economics profession without encouragement, turned openly hostile in 2008, hectoring whole schools of thought for their failures, grasping randomly for “new paradigms,” rooting around for sixth-round draft picks and telegenic wicked rebels to replace their prior stable of catallactic pundits. … There was even an online ballot for receipt of the Ignoble (or “Dynamite”) Prize, to be awarded to three economists deemed to have contributed the most to the global financial collapse. (The winners were Alan Greenspan, Milton Friedman, and Larry Summers.) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 444

Categorization

• CANDY: The Ignoble Prize ballot naming Greenspan, Friedman, and Summers is a light, tweetable anecdote about post-crisis economics scapegoating.
• XREF: connects to: The 2008 crisis briefly turned mainstream economics criticism into a mass public phenomenon — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 452; Mainstream journalists now openly suspect economic crisis analysis was deliberately manipulated — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 826; Economists lost control of crisis discourse to journalists—a sign of being caught unawares — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 464

Broader Connections

• The 2008 crisis briefly turned mainstream economics criticism into a mass public phenomenon #expands (0.80) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 452
• Mainstream journalists now openly suspect economic crisis analysis was deliberately manipulated #expands (0.75) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 826
• Economists lost control of crisis discourse to journalists—a sign of being caught unawares #responds-to (0.72) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 464