On Friday, I promised to explain my thinking about the Internet, paywalls, and journalism. And I've decided to do it through a series of posts building on each other. This is the first in that series. And I hoping to lay out a broad case of what the Internet is good for as a way of making the case for why news and media has developed as it has. When this series of posts is over, the conclusion I think I will come to is that paywalls are the future of journalism.
The virtual world
I want to start out with the obvious. The Internet isn't 'real'. It is virtual. And by that I mean that the Internet is basically an extension of other forms of non-direct communication that have become ever more sophisticated over time.
You've got five senses: taste, touch, smell, hearing and sight. A...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.