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posted by Jason Kottke  ·  gift link

NY Times = a more upscale Vogue

Paul Krugman on the how the NY Times makes its money.

The New York Times is known for its hard news coverage, but he observes that from a business perspective it’s primarily a fashion and food publication that runs a small political news operation on the side. One issue of T Magazine, he says, pays for an entire NYT European bureau.