New column: Rupert Murdoch and other newspaper family men (and women)

My belated print contribution to the great media cud-chewing over Rupert Murdoch’s Dow Jones bid is in the new Time (with Mitt Romney on the cover) and here. It begins: In 1902, Boston boardinghouse owner Jessie Barron bought Dow Jones & Co., publisher of the Wall Street Journal, with a down payment of $2,500. She [...]

The Indian labor arbitrage opportunity is shrinking fast

A friend who grew up in Pasadena alerted me to this AP article about a guy who runs a local news Website there. He has apparently decided to outsource reporting to India: James Macpherson, editor and publisher of the two-year-old Web site pasadenanow.com, acknowledged it sounds strange to have journalists in India cover news in [...]