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...think there's any perfect solution, because the essence of a free-market economy is that people are allowed to make mistakes. And some of these bubbles have a good side. The Internet bubble of the 1990s brought us Amazon and eBay. They're still with us. Stabilizing the economy isn't the final goal. Having a little bit of turmoil, as long as it doesn't get out of hand, is part of creative destruction. You have a history of highlighting parts of the economy that have gotten out of hand before other people are paying attention. What...

Author: /time Magazine | Title: Yale's Robert Shiller on the Outlook for Home Prices | 5/6/2009 | See Source »

...Wednesday, Amazon is expected to introduce a new, bigger-screen Kindle aimed at the textbook market and newspapers. The Wall Street Journal reports that half a dozen universities will be giving students the new Kindle in the fall; Amazon has also struck deals with a number of textbook publishers. (See the top 10 gadgets...

Author: /time Magazine | Title: Will Amazon's Kindle Rescue Newspapers? | 5/5/2009 | See Source »

...Joining CEO Jeff Bezos onstage will be New York Times publisher Arthur Sulzberger - signaling some kind of partnership between the Times and Amazon. It's no secret that Sulzberger has been talking to everyone about how to save the Times; he recently visited Silicon Valley and had a number of salon-style dinners with technocrats offering advice. Amazon's Kindle, however, has already proven to be a promising source of revenue for the newspaper. The Times is already the best-read subscription-based periodical on the current Kindles - though how well read is anyone's guess. (The Wall Street Journal...

Author: /time Magazine | Title: Will Amazon's Kindle Rescue Newspapers? | 5/5/2009 | See Source »

...Kindle. Later this month, the paper is supposedly coming out with a new Times Reader - the section fronts and archived crossword puzzles free, the rest by subscription - available as an Adobe Air application. It would hardly be surprising then to learn that the newspaper has been quietly working with Amazon to create an even more compelling Kindle-based product that takes advantage of a larger display screen. And if the new Kindle supports variable fonts and renders grayscale photographs? So much the better for it and the rest of the newspapers of the world. (See the 10 most endangered newspapers...

Author: /time Magazine | Title: Will Amazon's Kindle Rescue Newspapers? | 5/5/2009 | See Source »

...Kindles 1 and 2 helped give trade books a lifeline by wirelessly linking Amazon's online bookstore to the devices and making it easy to buy books. And Kindle 3 will apparently do the same thing for textbooks and newspapers. But what about everyone's favorite periodicals - magazines...

Author: /time Magazine | Title: Will Amazon's Kindle Rescue Newspapers? | 5/5/2009 | See Source »

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