Megan McArdle poses a very good question.
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The subject of the pricing of Taylor Swift’s new album as a digital download on Amazon and iTunes continues to intrigue me.
As Felix Salmon notes, the reason for the initial low price of $3.99 on Amazon, versus the $11.99 you have to pay on iTunes, was probably more a matter of Amazon doing some loss-leading to lure people away from its rival than a tribute to the music industry, as I suggested. Read more
I went to see Gordon Brown, my prime minister, speaking at the Council on Foreign Relations in Manhattan this morning. He is in the US for the Group of 20 meeting in Washington. Two things occurred to me as I listened.
First, he looked more cheerful and relaxed that I have seen him before. The international economic crisis is clearly treating him well since the UK government’s decisive action to recapitalise its banking system. He has had a bounce in the polls as a result and he has garnered some international respect. Read more
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