Categories
Marketing

Liveblogging: Hedrick Smith

Hedrick Smith, Pulitzer-prize winning reporter and producer, is on UW campus today for the Danz lecture at Kane Hall tonight. He’s talking to students from two journalism classes this afternoon. Live blogged notes:

Categories
Economics Media

Digital Goods Are Non-Rival; Why Is This Concept So Foreign To People?

I am beyond weary of arguments that compare digital goods with physical goods, those made of atoms instead of zeros-and-ones. Physical goods are what economists call “rival goods” and they are “rival” because they can’t be consumed by two people simultaneously. Thus, if I have an apple, you can’t eat it unless you persuade me […]

Categories
Economics Media

The Future Of Journalism Discussions Need Reality Economics

After reading the opening of this Future of Journalism essay, I wrote the following as a comment. It’s long, so I’m repurposing it for WiredPen, even though I feel like I’m beating my head against a brick wall: