David Warsh:
It is hard to think or write sensibly about the future of newspapers, or their place in the vast social construction of what we call “news,” without describing the personal experience of them. For instance, I’m accustomed to buying my New York Times every morning on the way to work. I enjoy the daily exchange.
But when last Sunday the dealer asked for $6 instead of $5, I decided not to buy the paper. The dealer wasn’t amused. But then the Sunday Times already seemed overpriced to me, too much fluff, too little pith, an enterprise living beyond its means. Later I performed a quick calculation.
via www.economicprincipals.com
Warsh then goes on to examine how expensive the NYTimes actually is compared to the competition and is is puzzled at higher prices in the face of lower demand.
This reminds me that I haven't reached my limit on online NYTimes content yet. When the pricing policy was announced I backed off consumption but have given that up, clicking from my daily email willy nilly.
