Comments on: Why newspapers will continue to milk their current business until they die http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/ Commentary on the economy, the markets, and business Sat, 05 Dec 2009 05:18:44 +0000 http://wordpress.com/ hourly 1 By: Bryan from Houston http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9118 Bryan from Houston Wed, 30 Apr 2008 21:49:31 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9118 Justin, I really like the focus of this post, but it is entirely too focused. The real danger is that most Americans refuse to recognize that change is coming to almost every industry that is present. As an IP lawyer, I constantly deal with changing law, statute, and market place deployment of IP. It was disconcerting at first, but American society has got to figure out how to embrace the opportunity which is change. We have far too many people stuck in a rut, in old ways of thinking about manufacturing or trying to bring back the rust, etc....that's just for example and certainly not limited to those "bitter" folks. But change is coming whether we want it or not. It is not ringing the doorbell...it is knocking the door down! Thanks for a good post. -Bryan Justin,
I really like the focus of this post, but it is entirely too focused. The real danger is that most Americans refuse to recognize that change is coming to almost every industry that is present. As an IP lawyer, I constantly deal with changing law, statute, and market place deployment of IP. It was disconcerting at first, but American society has got to figure out how to embrace the opportunity which is change. We have far too many people stuck in a rut, in old ways of thinking about manufacturing or trying to bring back the rust, etc....that's just for example and certainly not limited to those "bitter" folks. But change is coming whether we want it or not. It is not ringing the doorbell...it is knocking the door down!

Thanks for a good post.
-Bryan

]]> By: odograph http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9117 odograph Wed, 30 Apr 2008 20:12:35 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9117 By the 80s Zilog had already demonstrated to Intel how much microprocessor leadership mattered. (Intel had it until Zilog split off and took it from them.) By the 80s Zilog had already demonstrated to Intel how much microprocessor leadership mattered.

(Intel had it until Zilog split off and took it from them.)

]]> By: Crust http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9116 Crust Wed, 30 Apr 2008 20:05:08 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9116 As fascinating as your lunch menu is, do you have any thoughts on McCain's health care plan? Personally, I think sending everyone off to buy their own insurance is a recipe for making the US system even more inefficient (for the reasons I listed above), but I'd be interested to hear your take. As fascinating as your lunch menu is, do you have any thoughts on McCain's health care plan? Personally, I think sending everyone off to buy their own insurance is a recipe for making the US system even more inefficient (for the reasons I listed above), but I'd be interested to hear your take.

]]> By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9115 Justin Fox Wed, 30 Apr 2008 19:16:25 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9115 I had a turkey wrap with onions, lettuce, tomatoes, bacon bits, mustard and mayo. I had a turkey wrap with onions, lettuce, tomatoes, bacon bits, mustard and mayo.

]]> By: Crust http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9114 Crust Wed, 30 Apr 2008 18:55:15 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9114 I hope you stayed away from the astonishingly alliterative Big Bell Box meal... I hope you stayed away from the astonishingly alliterative Big Bell Box meal...

]]> By: Crust http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9113 Crust Wed, 30 Apr 2008 17:07:46 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9113 Bon appetit. ;) Bon appetit. ;)

]]> By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9112 Justin Fox Wed, 30 Apr 2008 17:05:27 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9112 Karen actually asked me for a critique when she posted that. And I'll get to it. But right now I really want some lunch. Karen actually asked me for a critique when she posted that. And I'll get to it. But right now I really want some lunch.

]]> By: Crust http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/comment-page-1/#comment-9111 Crust Wed, 30 Apr 2008 16:17:01 +0000 http://curiouscapitalist.blogs.time.com/2008/04/30/why_newspapers_will_continue_t/#comment-9111 Justin, I hope I don't get you in trouble, ;) but anyway I posted the following comment over at Swampland. Karen Tumulty: <i>[Under McCain's plan] individuals would ... presumably get[] a better deal thanks to vastly more competition in the marketplace.</i> Baloney. I appreciate you're not a health care / economics wonk. And on the front page of the dead tree NYT this morning Michael Cooper and Kevin Sack made much the same claim in the second paragraph. But it's baloney. I'm sure Justin Fox can set you straight. The short version of why it's baloney: 1. Individuals have less bargaining power and sophistication than employers. 2. Negative selection. 3. Greater frictional costs from advertising to individuals, etc. Justin, I hope I don't get you in trouble, ;) but anyway I posted the following comment over at Swampland.

Karen Tumulty:
[Under McCain's plan] individuals would ... presumably get[] a better deal thanks to vastly more competition in the marketplace.

Baloney. I appreciate you're not a health care / economics wonk. And on the front page of the dead tree NYT this morning Michael Cooper and Kevin Sack made much the same claim in the second paragraph. But it's baloney. I'm sure Justin Fox can set you straight.

The short version of why it's baloney:

1. Individuals have less bargaining power and sophistication than employers.
2. Negative selection.
3. Greater frictional costs from advertising to individuals, etc.

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