Cost of government rises when local newspaper closes, study finds
June 15, 2018
When a local newspaper closes, the cost of government increases. That’s the conclusion of new survey from Notre Dame’s Mendoza College of Business, which draws a direct line between loss of the watchful eyes of local newspapers and a decline in government efficiency.
Paul Gao, a professor of finance at the college, said he got the idea for the study while watching John Oliver’s Last Week Tonight about the decline of local newspapers almost two years ago.
The result of that study, Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance, argues there is a direct correlatio...
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