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What Would Micropayments Do for Journalism? A Freakonomics Quorum - Freakonomics Blog - NYTimes.com

  • the unique properties of information goods, and inefficiency.


    News is not like an iTunes song; it’s perishable. Today’s front page is tomorrow’s fish wrap, and we don’t need to replay it. If anything, a reader benefits more from a second source than repetition from the first

  • Micropayments introduce friction into an otherwise frictionless world.
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