Just had to point out this quote from Clay Shirky’s post on the inherent FAIL of the micropayments model for publishing (and, well, much of anything).
Why Small Payments Won’t Save Publishers « Clay Shirky
We should be talking about new models for employing reporters rather than resuscitating old models for employing publishers.
But it’s amazing how hard it is to shift the point of view from looking through the lens of Institutions rather than the talents of the actual content producers. Same problem vexes the music industry.