List of Figures – Foreword – Financial Journalism Then and Now: Why Should We Care? – Challenges and Pressures in Financial Journalism – Case Study I: The Recession of the Early 1990s; the Recession We "Had to Have"? – Case Study II: The "Irrationally Exuberant" Dot Com Boom of 2000–1 – The Global Financial Crisis: "Why Did Nobody See It Coming?" – Financial Journalism in the Digital Age – Does Alternative News Provide Alternatives? – Beyond the Crisis – Appendix: Methodology for Assessing the Financial Press – Index.
Sophie Knowles is a Senior Lecturer in the Media Department at Middlesex University, London. Knowles received her PhD from Murdoch University, Australia. She is co-editor of Media and Austerity: Comparative Perspectives and Media and Economic Inequality and numerous other publications on the media's representation of finance and the economy.
“This crisply written and compelling book does the business press the honour of taking it and its role seriously, giving credit where it is due, acknowledging the challenges it faces, but forthrightly and illuminatingly holding it to account where deserved. And it often is. The book’s historical and comparative approach, comparing coverage of the 2008 crisis to previous modern crises, provides vital context for the press’s buy-in to a deregulatory agenda and other pro-industry assumptions. And by comparing the press’s role in different countries—in the U.S., U.K. and Australia—it exposes how ‘group-think,’ as she rightly calls it, crossed borders and took over Anglo-Saxon newsrooms. And to her great credit, Sophie Knowles gets out into the field to asks the press for its side of the story, through qualitative interviews that add another essential dimension to the analysis. As we continue to struggle through a post-crisis world, Knowles challenges the press to do better—to marshal its formidable resources and talents to puncture the myths that got us here and to help build a more stable future. The Mediation of Financial Crises is a vital contribution to our understanding of the financial press and of the press in general.”—Dean Starkman, Senior Editor, International Consortium of Investigative Journalists; Author, The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism
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