Across The Media Universe: Hair, Drugs and Rupe Edition

Stoned Cold: Recent PE interviewee Maia Szalavitz has posted her thoughts on media coverage of "a new study claiming that marijuana increases the risk of later psychotic illnesses like schizophrenia by 40%." She argues that most media coverage has neglected to point out that schizophrenia rates have not increased in line with marijuana use rates, a significant point in light of the study's implications. She also complains that most accounts don't quote prominent researchers who say that there is no conclusive proof that cannabis causes psychotic illness. "Such comments don't help the media stir up reefer madness, which they've been doing, quite successfully, for the last few decades," Szalavitz concludes. "Perhaps covering the marijuana beat makes you crazy."
My First Journal: It looks like Rupert Murdoch's News Corp has won the battle to take over Dow Jones & Co. and its flagship Wall Street Journal. Is this, as some seem to think, going to result in the paper transforming from a first-rate news outlet to a mediocre publication willing to sell out its journalistic principles when it helps the parent company's bottom line? We report, you decide.