Joel Waldfogel

How digital technology is upending the traditional creative industries—and why that might be a good thing. The digital revolution poses a mortal threat to the major creative industries—music, publishing, television, and the movies. The ease with which digital files can be copied and distributed has unleashed a wave of piracy with disastrous effects on revenue. Cheap, easy self-publishing is eroding...

Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and gift giving. Lots and lots—and lots—of gift giving. It's hard to imagine any Christmas without this time-honoured custom. But let's stop to consider the gifts we receive—the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many...