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I'm stunned by the 1 cent price. That means in 100 years the newstand price went up 250x Can't just be inflation. Must have been competition and abundant adve

by ck2 10y ago

I'm stunned by the 1 cent price. That means in 100 years the newstand price went up 250x Can't just be inflation. Must have been competition and abundant advertisers.

chillacy 10y ago
Or trying to squeeze more money out of a smaller readerbase? http://www.niemanlab.org/2015/03/newsonomics-the-collapse-of-single-copy-sales/ http://www.niemanlab.org/2015/03/newsonomics-the-collapse-of... 1 cent in 1913 => 24 cents today http://www.usinflationcalculator.com/ http://www.usinflationcalculator.com/ I'm not sure how much a single issue costs today, but the cheapest you can get NYT for is 75 cents a day: http://daggle.com/new-york-times-subscription-3480 http://daggle.com/new-york-times-subscription-3480
- ck2 10y ago
  Newstand price is $2.50 inside and outside NYC for daily and $5 Sunday http://www.nbcnewyork.com/news/local/New-York-Times-Price-Hike-50-Cents-3-Dollars-136619908.html http://www.nbcnewyork.com/news/local/New-York-Times-Price-Hi...
  - chillacy 10y ago
    Damn, that's... terrible. News is cheap these days with the internet and all, but I guess that just means I have no brand loyalty.
kristianp 10y ago
Newspapers have consolidated over the years, these days there's one per metro area. One reason why Warren Buffett bought part of the Washington Post. "If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station — I'm talking of the past — you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference." http://www.businessinsider.com.au/warren-buffett-good-business-could-be-run-by-idiot-2016-3?r=US&IR=T http://www.businessinsider.com.au/warren-buffett-good-busine...
PhilWright 10y ago
Prices do not increase just with inflation. Imagine how much the standard of living has increased over that time. So peoples income will have increased faster than inflation. It would be more interesting to compare the price of the paper compared to the average wage.
Yetanfou 10y ago
Leaf through the thing and prepare to be stunned by other prices. You could get a new house on your own plot for less money than you'd pay for a FIAT car. A car mechanic made $3.50 for an 8-hour day (from a 'wanted' ad) which would buy him 12 handkerchiefs (from another ad). Some things - like cars, clothing - got radically cheaper. Some things - like houses - got radically more expensive. Other things just followed inflation. BTW, when leafing through the pages you might notice Nikolai Tesla proclaiming he'd soon be powering street cars in Dublin with power generated in the US, transmitted wirelessly, or transmit phone calls through a wireless system where 'each word would be transmitted with 1.000.000 hp power'...

by ck2 10y ago

I'm stunned by the 1 cent price. That means in 100 years the newstand price went up 250x Can't just be inflation. Must have been competition and abundant advertisers.

chillacy 10y ago

Or trying to squeeze more money out of a smaller readerbase? http://www.niemanlab.org/2015/03/newsonomics-the-collapse-of-single-copy-sales/ http://www.niemanlab.org/2015/03/newsonomics-the-collapse-of... 1 cent in 1913 => 24 cents today http://www.usinflationcalculator.com/ http://www.usinflationcalculator.com/ I'm not sure how much a single issue costs today, but the cheapest you can get NYT for is 75 cents a day: http://daggle.com/new-york-times-subscription-3480 http://daggle.com/new-york-times-subscription-3480

ck2 10y ago
Newstand price is $2.50 inside and outside NYC for daily and $5 Sunday http://www.nbcnewyork.com/news/local/New-York-Times-Price-Hike-50-Cents-3-Dollars-136619908.html http://www.nbcnewyork.com/news/local/New-York-Times-Price-Hi...
- chillacy 10y ago
  Damn, that's... terrible. News is cheap these days with the internet and all, but I guess that just means I have no brand loyalty.

kristianp 10y ago

Newspapers have consolidated over the years, these days there's one per metro area. One reason why Warren Buffett bought part of the Washington Post. "If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station — I'm talking of the past — you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference." http://www.businessinsider.com.au/warren-buffett-good-business-could-be-run-by-idiot-2016-3?r=US&IR=T http://www.businessinsider.com.au/warren-buffett-good-busine...

PhilWright 10y ago

Prices do not increase just with inflation. Imagine how much the standard of living has increased over that time. So peoples income will have increased faster than inflation. It would be more interesting to compare the price of the paper compared to the average wage.

Yetanfou 10y ago

Leaf through the thing and prepare to be stunned by other prices. You could get a new house on your own plot for less money than you'd pay for a FIAT car. A car mechanic made $3.50 for an 8-hour day (from a 'wanted' ad) which would buy him 12 handkerchiefs (from another ad). Some things - like cars, clothing - got radically cheaper. Some things - like houses - got radically more expensive. Other things just followed inflation. BTW, when leafing through the pages you might notice Nikolai Tesla proclaiming he'd soon be powering street cars in Dublin with power generated in the US, transmitted wirelessly, or transmit phone calls through a wireless system where 'each word would be transmitted with 1.000.000 hp power'...