When the Stock Market crash of1987 sends a mixture of intense disappointment and resolute indifference surging through American society, Herb Schiller is there to fill in the details. Schiller identifies the greatest boons of 1980’s America, from Reganomics, to high technology, to be the primary contributors to the crash. Schiller is the perfect blend of level-headed professorial presentation of the facts and the irreverent media industry myth smashing, a balance that is the hallmark of Paper Tiger productions. Schiller was an American media critic, sociologist, author, and scholar. He warned of two major trends in his prolific writings and speeches: the private takeover of public space and public institutions at home, and U.S. corporate domination of cultural life abroad, especially in the developing nations. His eight books and hundreds of articles in both scholarly and popular journals made him a key figure both in communication research and in the public debate over the role of the media in modern society.