There is a growing literature about the multitude of journalism's problems but most of it is concerned with the editorial side of the business possibly because most people competent to write about journalism are not comfortable writing about finance.
Except for politics no business is scrutinized more exhaustively than journalism.
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A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
