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Source link: http://archive.mises.org/3315/blogs-a-luxury-good/

Blogs: A Luxury Good

March 14, 2005 by

“Changes in human conditions are brought about by the pioneering of the cleverest and most en­ergetic men. They take the lead and the rest of man­kind follows them little by little. The innovation is first a luxury of only a few people, until by degrees it comes into the reach of the many.” So writes Mises in the Anticapitalistic Mentality. It appears that blogs themselves qualify: “Blog readers might still be small in number, but they are among the most influential groups in the United States, according to a study by blog ad network Blogads.com.”

{ 1 comment }

bob July 24, 2005 at 4:47 am

Don’t go to this site if you’re not a billionaire :

———- http://www.europaluxury.com ————-


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