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The Importance of Attention in the Production of News
I don't think it's unreasonable to assume that much of what drives the production of the news is the search for attention. I say yeah you're right the reason they're telling us bad news is because they knew they know we're interested in bad news. We're avid consumers of pessimism and that and they play to that but there's another phenomenon too which is that good news tends to be gradual and bad news tend to be sudden. And so apart from the ability to grab attention can you think of any reason why pessimism is this is the sales item of the day from the perspective of the news companies exactly?