Archive

Monthly Archives for April 2009

It was a very good month. Dig in. Every entry is a classic.

Newspapers: the DeLorean of the New Era

Okay. We get it. Newspapers are defunct. They never even had a viable profit model because they succeeded only by selling classified ads to support their journalism and printing costs, sort of like DeLorean selling coke to keep making his cars.

The Deregulatory Lie: When Businesses Get Freedom and the Rest of Us Get Screwed

Of course he was wrong. The idea that markets entirely through their own self-interest can regulate themselves is totally absurd. Their only interest is profit. Furthermore, being wrong here has had catastrophic results.