STREET OF SHAME: The Economist investigates the scrappy culture of British journalism, and suggests that a 'full judicial inquiry' is needed to clean it up. "It is a depressing mess—and one with wide consequences. As the Times, another Murdoch paper, has correctly pointed out, British journalism is in its equivalent of the MPs expenses scandal. Given the uselessness of the Press Complaints Commission throughout, this affair will only encourage demands for regulatory oversight of the press. This would probably do more harm than good. Britain already has the toughest libel laws in the world, which have been misused repeatedly to protect the rich and the powerful; and giving the state power to regulate the press is a dangerous temptation to governments."