The best sentence I read today (so far)

While sales are down, more music is being produced and heard than ever before in history.

Here is the full story, which focuses on retailer bankruptcy.  Maybe I shouldn’t be sad that Aron’s in Los Angeles is shutting down.  Keep in mind that when consumers do not much like most of what they buy, standard metrics for measuring output do not track welfare very well.


Comments for this post are closed