free market

Last week, Lee Bollinger, President of Columbia University, published an op-ed in the Wall Street Journal titled, “Journalism Needs Government Help.” As Bollinger argues, evidence is mounting that there simply is not enough private capital from traditional revenue sources such as advertising, subscriptions and philanthropy to pay for the quality journalism our communities need. Slowly but surely, people are conceding that there is a role for carefully crafted public policy that will foster a new age of innovative, diverse, local and hard-hitting reporting.

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