Ted Anderson, a precious metals seller, was hoping to rustle up some business for his gold and silver dealership when he started a radio network out of a Minneapolis suburb a couple of decades ago. Soon after, he signed a brash young radio host named Alex Jones.Together, they ended up shaping today’s misinformation economy.The two built a lucrative operation out of a tangled system of niche advertisers, fund-raising drives and promotion of media subscriptions, dietary supplements and survivalist merchandise. Mr. Jones became a conspiracy theory heavyweight, while Mr. Anderson’s company, the Genesis Communications Network, thrived. Their moneymaking blueprint was reproduced by numerous other misinformation peddlers.Mr. Jones eventually drifted from his dependence on Genesis, as he expanded beyon …
