“This is a fragile foundation on which we’ve built our informational world”.

In saying that last night, Ezra Klein captured how worrying it is that journalism, an essential institution for the success of democracy, is wholly contingent for its financial future on the whims of generous millionaires and the market for advertising. I recall pondering this myself back in February, and wondering why public funding never seems to be an option on the table. The problem isn’t going to go away.

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