Talk of the Nation
Did a segment on "Talk of the Nation" about the Washington Post "After Youtube" story -- that was fun.
One caller asked whether new technologies will make campaigns cheaper or more expensive. The funny this is that better technology _should_ make campaigns cheaper, but it doesn't seem to be doing so at all!
Why not is a good question for an economist. I suppose the issue is that campaigns are contests, but just issuance of a product, hence you cannot risk going cheap unless your opponent does.
There are plenty of other things that technology should make cheaper, but doesn't. For example, e-books are no cheaper than real books, despite the fact that it costs basically nothing to make another e-book. Why that is so is a long story--