This blog post gives a good and fun breakdown of bookstore customers by type. HT Tyler Cowen on http://www.marginalrevolution.com. Like Tyler, I ask: Which type am I? Also, don’t miss the follow-up post. ADDED: one of the commenters on marginal revolution directs to this article by George Orwell on the topic of selling books.
The Business of Classical Music: Classical Music After the CD. I found this via a post on marginalrevolution.com by Tyler Cowen. I am putting it here to revisit it when I have some more time and then maybe blog longer about it.
Here’s what Bloomberg has to say about it today (read especially the part about corruption): http://www.bloomberg.com/apps/news?pid=20601085&sid=a8IL3zMF9hqo&refer=europe#
I find myself reading more and more items related to the current crisis than doing my work these days. I’m sure not the only one. So today, the day when the G-7 meeting came up with nothing concrete in the way of a plan, here are some things to read. First, Luigi Zingales, to whom I linked in this blog last month, now has an extensive proposal, his Plan B. Meanwhile, Vox EU, where he has published his Plan B, has put together a booklet on the crisis, written by several economists, that you can download for free. I refrain from putting my own spin on these, or making any predictions, as I am not a specialist on the topic. You can of course read Paul Krugman in the New York Times or any number of commentators and economists who maintain blogs. In fact, it’s almost too easy to not read anything else these days.
Via kottke.org, here is a doctor who will only make house calls, charges little, finds cheap sources of medications for you, and generally seems like a menace to the health industry behemoth corporations. Hope he succeeds and is widely imitated. You can even make an appointment on his website, via his Google calendar. It is instrumental for his business model that he can communicate with his patients via SMS, IM, video conferencing, and the like.
This from a thoughtful article in the Register. All economists and even more all business school faculty should be made to memorize the main point.
…according to this article from The American. Thanks to Cafe Hayek (!) for bringing it to my attention. Here is a quote from the article (the comparison with NFL is a amazing to me):
The U.S. now has 125 professional opera companies, 60 percent of them launched since 1970, according to the trade group OPERA America. The U.S. has more opera companies than Germany and nearly twice as many as Italy. In the most comprehensive recent study, the National Endowment for the Arts found that between 1982 and 2002, total attendance at live opera performances grew 46 percent.
Annual admissions are now estimated at 20 million, roughly the same attendance as NFL football games (22 million, including playoffs, in 2006–07). In part, this reflects a shift toward seeing opera domestically. “Foreign opera destinations like Salzburg and Glyndebourne are more expensive, and more Americans are staying home—and probably feeling safer for it,” says Richard Gaddes, general director of the Santa Fe Opera in New Mexico.
Yesterday Apple introduced in iTunes music from EMI sampled at a higher rate than the iTunes usual for higher audio quality; this music is also offered without digital-rights management (DRM), which means that a purchaser of it can play it in just about any gadget that can play an MP3. I downloaded the Brahms German Requiem under this deal yesterday, and it was a nice purchase for the price (Berlin Philharmonic, Simon Rattle conducting, Dorothea Roschmann, soprano, and Thomas Quasthoff, bass-baritone). I played it through BOSE earphones and a BOSE docking station, and it sounded very good (talking sound quality here, not musical interpretation, though that is very good too).
I am not sure that I would be able to identify the new-style offerings from the old style ones in a “blind” test (wait, shouldn’t that be a “deaf” test?) but I did find this link on the point, courtesy of slashdot.org. Visit it to see what happened when somebody performed a “blind” test. (Hurray for people over 40 for this; despite our deteriorating ears, we seem to do better in discerning audio quality.)
Update: the site I linked to is now slashdotted… That was quick. I hope it will be back up soon.