Sublime

I don’t think there is a durable industry based on the idea that central banks are going to hyperinflate existing currency, and I do not think a durable industry will be built around the idea that rules requiring transparency of wealth can be circumvented.

“A subscription business model leads towards being a paper for a particular group and a particular audience and not for the broadest public,” Peretti said. He’s alluding, in part, to the theory that the Times’s subscriber base wants to read a certain kind of news and opinion — middle/left of center, critical of Donald Trump, etc. — and that strayin... See more

“Maximizing the most good for the most number of people” can lead to repugnant conclusions when applied at-scale

At the core of this is a debate on whether The New York Times, The Washington Post and others are failing the American people by pushing more content behind the paywall.

to participate in the great decisions of government. There was, Lippmann brooded, no “intrinsic moral and intellectual virtue to majority rule.” Lippmann’s disenchantment with democracy anticipated the mood of today’s elites. From the top, the public, and the swings of public opinion, appeared irrational and uninformed. The human material out of wh

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