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I stumbled upon this interview of Chris Anderson of Wired talking about the economics of Free – which is the title of his book – and I thought: I think I’ll pay attention.
We’re all actors in one way or another in the free market. Mainstream journalists, in recent years, have been grappling with the idea of free in the context of money in a full-on way - since, well, economists talk about covering costs and earning profits for business survival.
As we know, low advertising dollars have created a churn in which thousands of people have left the industry. Mind you, this is in the context of people growing more and more used to – and in some way, expecting – free online content.
