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Issue of misinformation

The issue of misinformation is news has acquired a greater importance in the age of the Internet. In a 2013 Oxford Internet Survey, traditional media like TV and the radio ranked lower than the Internet in people’s trust when it came to misinformation in news reporting. Using an analogy with the misinformation problem in The Economics in Practice “How’s the Snow”, provide an explanation about the relative apparent reliability of the Internet in news reporting. 

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