Louis Lyons introduces Dr. John Kenneth Galbraith, professor of economics, Harvard University and author of the bestselling book The Affluent Society and Joseph A. Livingston, author of the book The American Stockholder. _-_ Galbraith believes one of the most disastrous trends in the newspaper business is the notion that all a reporter needs is a strong pair of legs and a sharp pencil. This is one reason why some of our most important economic stories are so badly covered, while Livingston is quoted as saying it happens that financial writers on daily newspapers, who ought to be objective, become apologists for Wall St. They are drawn into the inner circle of thought and attitudes. Management, if successful, can do no wrong. _-_ Lyons asks what are the qualifications for reporting in the field of economics, and what areas are particularly badly covered by the press? _-_
