2min chapter

Hidden Brain cover image

Starving The Watchdogs

Hidden Brain

CHAPTER

Government Borrowing Costs Go Up When a Newspaper Closes

Dermo Dormet and his colleagues found that when a newspaper closed, the cost of loans county went up. This happened all over the country, including in denver, home of the now closed rocky mountain news. The effect showed up even after the researcher as controled for population growth and differences in local economies. It ated areas that were booming and areas that were shrinking....

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