The Role of Blogs and New Media During the Global Crisis - Perry Mehrling

The speaker discusses their transition from traditional media to blogging during a crisis. Initially writing letters to the Financial Times, they found blogging to be a faster and more engaging way to share insights. The new media landscape allowed for immediate information exchange, contrasting with the slow academic publishing process. The speaker highlights the democratization of knowledge in the blogosphere, where respect is earned through valuable contributions rather than titles. They emphasize learning from finance blogs and participating in new conversations.

What prompted the speaker to start writing letters to the Financial Times?

• A suggestion from a colleague

• An academic requirement

• A need to communicate insights during a crisis

• A desire to become a pundit

How did the speaker describe the speed of blogs compared to traditional newspapers?

• Blogs and newspapers have the same speed

• Blogs are faster than newspapers

• Blogs are as fast as newspapers

• Blogs are slower than newspapers

What change did the speaker notice in their engagement with the world due to new media?

• They only read academic journals

• They stopped reading newspapers

• They became more distant

• They engaged more immediately

In the blogosphere, what determines the respect a person receives?

• The number of followers they have

• The relevance and sense of their contributions

• Their professional title

• Their academic credentials

What is a key benefit of participating in the blogosphere according to the speaker?

• Access to exclusive academic papers

• Learning from diverse experiences and insights

• Receiving formal recognition

• Avoiding traditional media