|
I majored in creative writing, but the MFA career path looked like a pyramid scheme, so I switched to web development. After working in the field for several years, I started running the technical side of a local leaks platform called BayLeaks. (It's defunct now, but was cutting edge at the time, basically the third SecureDrop instance after The New Yorker and Wired.) I got more involved in the research and writing side, since it turned out the big problem in journalism wasn't a lack of technology, it was a lack of time and money to do research. Eventually, I made the switch to full-time freelance investigative reporting. It was hugely rewarding at a personal level and made a positive impact on people's lives, but it was also a financial catastrophe that I'm still paying for. I could no longer justify as I was approaching my 30s and planning to get married. I switched back to programming, eventually landed my current full-time job doing blockchain stuff, and really enjoy it. I miss investigative reporting, but still do a bit of research for activist friends in my free time. Eventually I'd like to make enough from my technology work to become the publisher of a small investigative outlet where I could pay other people to research and write. Given the dire economics of journalism, making a bunch of tech money to subsidize a publication would be more impactful than slogging away in poverty on my own. There's a lot of evidence that the costs of government go up as local journalism recedes, because there is no one to objectively report on waste, corruption, and inefficiency. I think that tax dollars should be set aside to fund journalism, since journalism ultimately saves money for everyone. I don't see any other big solutions that would solve this systemic problem. We're moving to a state where only the rich can afford good information and everyone else is in the dark. |
What makes you think the rich have better info? Most people with money read the Economist, which has real reporters, but anybody can get that. There's the Bloomberg terminal, but that just gets you news before it hits Bloomberg Business Week. "Before it's here, it's on the Bloomberg terminal".
There are expensive newsletters which cost hundreds or thousands of dollars a month. They're devoted to very narrow subjects. If you really need to know what's going in in offshore scams, get Offshore Alert. For oil, there's Platt's, which is now part of S&P. For ports, there's the Journal of Commerce. For security issues, Kroll has some expensive info services, but they're mostly repackaged content from elsewhere. There's the good old Dines Letter from James Dines, the senior gold bug. (Dines is always saying "the sky is falling in this specific area", and he's often right.) And there's Hulbert Financial Digest, which rates all the other newsletters.
It's more about knowing where to look. It takes some money, but not a whole lot.
You can pay financial advisers, but as a group, after fees, they underperform index funds.