Dan Gillmor, writing on his Center for Citizen Media blog, argues that the Loeb Awards need to add a new category to honor business and financial journalism.
“If the Loeb team really wanted to spur on great economic reporting, it could add a category: a foresight award for people who were way ahead of their peers in spotting issues that only later — usually too late — are understood by the herd. The Pulitzers could use something like this, too.
“In the case of the credit bubble, there would be ample reason to look at some online work, especially among bloggers who saw the bubble early and talked about it incessantly, backing up their work with detailed analysis and data-based evidence. They were too early, however, for a journalistic establishment that rarely acknowledges a crisis until it’s causing or about to cause massive pain.”
Read more here.
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