Sep 17, 2012 12:00
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Comments 42
Should we accept that the pictures will be available online, and say that newspapers can write about a story, but have a stricter restriction on what can be published in "public" venues? That's somewhat unfair on newspapers, but might have the desired effect, in that "Prince Harry plays strip pool" is just about a human interest story, but "Telephotographer snaps the Duchess of Cambridge" isn't.
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Now, in one case you could argue that the person taking the photo had tacit permission (unless they did it secretly), while the other clearly didn't.
But neither case has any "news" justification other than "Naked Famous People! Wahey!"
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[1] See digression in follow-up comment.
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Stalking someone in the UK is a crime.For a UK newspaper to print the photos is to collaborate with a stalker. And it's the stalking that distinguishes the two incidents.
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http://www.escapistmagazine.com/videos/view/loadingreadyrun/2516-Every-OS-Sucks
(I'd never seen this video for it; interesting)
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Fiscal policies work! Keynes was right!
"Tax cuts don't lead to economic growth"
Fiscal policies don't work! Keynes was wrong!
I love economics...
There's a longer comment waiting to be made here of correlation not equalling causation (yes, that old bugbear), ignoring monetary policy in both analyses, ignoring supply side effects in both analyses and the common American fault in articles like this of pretending that the American economy is not subject to global factors. But I can't be bothered...
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Quoting wikipedia (sorry I don't have my copy of the General Theory to hand...) "As noted, (during a recession) the classicals wanted to balance the government budget. To Keynes, this would exacerbate the underlying problem: following either the expansionary policy or the contractionary policy would raise saving (broadly defined) and thus lower the demand for both products and labour. For example, Keynesians would advise tax cuts instead."
This article explains more and also how Keynes is either misunderstood or deliberately used to justify policies that Keynes himself would have disapproved of:
http://money.cnn.com/2010/02/04/news/economy/meltzer_keynes.fortune/
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