Marc-André Pigeon in this book explain, but can essentially be boiled down
to the idea that elite business-oriented newspapers (e.g. Financial Times,
The Wall Street Journal, The Economist ), television channels (CNNfn, CNBC),
and specialized news services (e.g. Bloomberg, Dow Jones, Thomson Reuters)
help to circulate and crystallize certain key economic “conventions” among
! nancial market traders, central bankers, policymakers, politicians, and
journalists. The public is well aware of the ! nancial world and its impact on
people’s lives, but most people are neither all that interested in nor the primary
subjects of these “convention-making conversations.”