Blogs como jornalismo:

Economists speak of “contestable markets” — by which they mean markets where entry is easy enough that even a monopolist can’t charge monopoly prices, because doing so would simply attract competitors. I think that this logic may apply in a noneconomic way, too. It was easier to maintain slanted coverage when people had fewer choices: Now the threat of losing readers and viewers — or even the intangible but very real currency of respect — may induce more responsible behavior on the part of Big Media.

Glenn Reynolds opina sobre o que os blogs representam para o futuro dos media.