Contrarian

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A contrarian is a person with a preference for taking a position opposed to that of the majority view prevalent in the group of which they are a part. A contrarian style of journalism, for instance Slate magazine, has been popular, but has also been the subject of severe criticism. Contrarian styles of argument have historically been associated with radicalism and dissent. However, contemporary critics such as Paul Krugman have argued that, in its modern form, contrarianism presents an appearance of independent thought while failing to challenge, or actually reinforcing, the dominant orthodoxy of the US political and media establishment.[citation needed]

Contents

[edit] Contrarian tropes in journalism

Contrarian journalism is characterised by articles and books making counter-intuitive claims, or attacking what is said to be the conventional wisdom (a phrase due to J. K. Galbraith) on a given topic. A typical contrarian trope takes the form "Everything you know about Topic X is wrong".

A critical article by Alex Pareene in New York Magazine[1] listed a number of examples. The first three are:

Slate magazine, notable and often mocked for its contrarian style, has collected a set of parodic proposed contrarian titles appearing on Twitter. Writer Juliet Lapidos observed "Maybe it's contrarian for us to say so, but some of these are quite brilliant."[2]

[edit] Supporters and critics

Slate columnist Christopher Hitchens is notable for taking an explicitly contrarian viewpoint, stated in his book, Letters to a Young Contrarian. The Contrarian Magazine describes itself as "The Toast of Delinquent Intellectuals Everywhere".[3]

Paul Krugman has criticised "contrarianism without consequences", in relation to the debate over global warming, and in particular, the controversy over the book Superfreakonomics, saying "The refusal of the Superfreakonomists to take responsibility for their failed attempt to be cleverly contrarian on climate change is a sad spectacle to watch ... having paraded their daring contrarianism, the freakonomists are trying to wiggle out of the consequences when it turns out that they were wrong."[citation needed]

The Economist has suggested that the critical response to Superfreakonomics may represent the end of contrarianism as a popular style of journalism,[4] quoting the Crooked Timber blog description of contrarianism as "a cheap way of allowing ideological hacks to think of themselves as fearless, independent thinkers, while never challenging (in fact reinforcing) the status quo.”"

[edit] Contrarianism in science

In science, the term "contrarian" is often applied to those who reject a general scientific consensus on some particular issue, as well as to scientists who pursue research strategies which are rejected by most researchers in the field. Contrarians are particularly prominent in cases where scientific evidence bears on political, social or cultural controversies such as disputes over policy responses to climate change, or creationism versus evolution.

Writers on scientific topics commonly described as "contrarian" include David Berlinski, a critic of mainstream views on evolution and Richard Lindzen, a critic of the scientific consensus on climate change. Bjorn Lomborg, who claims to accept the scientific consensus on climate change, but argues against action to mitigate it, has been called "the poster boy of the contrarian trend".[5]

Scientific contrarianism is frequently referred to, favorably, as skepticism and, pejoratively as denialism. An example of the latter usage is climate change denialism.

[edit] Contrarian investing

A contrarian investing style is one that is based on identifying, and speculating against, movements in stock prices that reflect changes in the sentiments of the majority of investors.

[edit] See also

[edit] References

  1. ^ http://nymag.com/arts/all/aughts/62505/
  2. ^ http://slate.com/blogs/blogs/browbeat/archive/2009/10/22/the-slate-pitch-twitter-meme.aspx
  3. ^ http://www.thecontrarianmedia.com/
  4. ^ http://www.economist.com/blogs/democracyinamerica/2009/10/contrarianisms_end
  5. ^ http://www.telegraph.co.uk/earth/copenhagen-climate-change-confe/6591462/Copenhagen-climate-change-conference-2009-climate-contrarians.html
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