Gresham's Second Law. (British journalism in the U.S.)
Nieman Reports, June, 1993 by Apple, R.W., Jr.
It's my conviction that the founding fathers of this country had a reason for giving journalists special privilege in the Constitution. And the reason was that we were supposed to find out and understand and explain what was going on here and abroad so that the public could understand and make an informed judgment, to form a link if you will between the governed and the governors. It was not put in the Constitution so that publishers could make billions of dollars. It was not put in the Constitution so that journalists could make millions of dollars. It was put in the Constitution so we could do serious work. My contention is that much of American journalistic resources and energy is today devoted to unserious work.
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