Arnold Kling

Death of Newspapers

Arnold Kling, Great Questions of Economics
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I predict that newspapers will have a hard time dealing with demographics and Internet competition.

The newspaper business is going to die within the next twenty years. Newspaper publishing will continue, but only as a philanthropic venture.

Discussion Question. It is argued that everyone benefits from having a local paper, even those who rarely buy it. What does this say about the way newspapers ought to be funded?

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