4 min read.Updated: 21 Dec 2016, 04:58 AM ISTLivemint
An abundance of news sources and online echo chambers has resulted in a lack of balance
On 21 February 1814, a man calling himself “Colonel du Bourg" turned up in Dover, England, claiming he had just arrived from Calais—with news that Napoleon Bonaparte was dead and that peace was imminent. His companions, dressed as French officers, distributed pamphlets attesting to Bonaparte’s death. British government securities rose rapidly in value—and more than £1.1 million worth of them, most purchased the week before, were sold off.