Common wisdom is that magazines are suffering. Sales are down, visit this site
relevance is decreased. Instead, people have turned to the internet for the type of information and entertainment once reserved for magazine. To combat this, many magazines are changing their formatting to resemble blogs and websites. In so doing, they play to their weaknesses, a lack of speed.
Magazines, even weeklies, are hopelessly out of date. The breaking news they report on is no longer breaking by the time they hit the newsstands. The snippets and margin notes that many magazines are featuring are out of date long before they hit the page. Wired, Tired, Expired itself is sadly expired.
In making magazines less substantial and more transient, publishers destroy the one advantage they have, hindsight. And in so doing, they will surely continue their long decline.
Even the best reporters covering issues of money and the economy do a poor job covering wealth. For example, prosthetic take a listen to a segment from today’s Marketplace. The segment is on a report out today about the growing number of millionaires in the world. The report says that there are 9.5 million millionaires and that the number of new millionaires is growing fairly rapidly. From this, information pills Marketplace says that the number of wealthy people around the world is increasing. However, medical there is no discussion about whether people are actually becoming wealthier (ie if they have more spending power) or whether they just have more dollars that aren’t worth as much. In other words, there is no discussion about how inflation has affected the number of millionaires.