Word: interests
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...they used to do at the dawn of the online era, in the early 1990s. Back then there were a passel of online service companies, such as Prodigy, CompuServe, Delphi and AOL. They used to charge users for the minutes people spent online, and it was naturally in their interest to keep the users online for as long as possible. As a result, good content was valued. When I was in charge of TIME's nascent online-media department back then, every year or so we would play off AOL and CompuServe; one year the bidding for our magazine...
...Another group that benefits from free journalism is Internet service providers. They get to charge customers $20 to $30 a month for access to the Web's trove of free content and services. As a result, it is not in their interest to facilitate easy ways for media creators to charge for their content. Thus we have a world in which phone companies have accustomed kids to paying up to 20 cents when they send a text message but it seems technologically and psychologically impossible to get people to pay 10 cents for a magazine, newspaper or newscast...
...rapidly falling prices of homes and lower interest rates on mortgages got the credit for the positive move. (See pictures of modernist houses for rent...
...notion that low interest rates mean easier credit is based on a fool's analysis that banks will make risky loans just because their cost of money has dropped; There is almost certainly no truth in that. Many banks still want to keep as much capital as they can in the event of future losses. The same bankers may have been slow-minded enough to dump money into derivatives, but they are shrewd enough to stay out of lending into a real estate market which may well still be dropping...
During their eventual reconciliation, the couple decided to sell their possessions, donate the proceeds and move to Koinonia Farm, a Christian commune in Americus, Ga. It was there that they conceived their first ideas about building homes with no-interest mortgages for the poor. The family packed up for Mbandaka, Zaïre (now Democratic Republic of Congo), in 1973 to develop a program there...