The two Freakonomics gods of economics, Stephen Dubner and Steven Levitt, have now joined in the debate about whether or not micropayments are the future of newspapers, a debate I first pointed to last week.
Unfortunately, so far they have only sampled views from the people I’ve already linked to. I hope that means they are getting ready for their own economic analysis of the issue. A lot rides on it.
Personally, I still think that the Kindle and its ilk point to the future. Technically, it is not a micropayments platform yet (micro = thousands, not hundreds, of a dollar at a time). But it begins the process of news publications charging modest amounts for a new reading experience, and that is what this is about.