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	<title>Comments on: On Blogging Economics and Aesthetics</title>
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		<title>By: Yves Smith</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3925</link>
		<dc:creator>Yves Smith</dc:creator>
		<pubDate>Mon, 11 Feb 2008 22:03:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3925</guid>
		<description>GRS,&lt;br/&gt;&lt;br/&gt;The $15,000-$18,000 a month is for what appears to be the most successful blog, which claims to get 1.5 million unique visitors a month. That&#039;s the very top, not the top 10%.&lt;br/&gt;&lt;br/&gt;Trainwreck,&lt;br/&gt;&lt;br/&gt;Yes, the subscription service is a problem I am well aware of. It turns out that a full subscription (RSS) allows bots to scrape the the entire site easily, which is a real negative. I may switch to a partial subscription (you get the first couple of paragraphs in RSS).&lt;br/&gt;&lt;br/&gt;Anon 0f 12:04 PM,&lt;br/&gt;&lt;br/&gt;The placement of the ads in under our control; what the services put there is another matter. I put up an article that analyzed how the Republicans had painted themselves in a corner ideologically. We then got Anne Coulter ads showing up! Yikes! &lt;br/&gt;&lt;br/&gt;The problem is that the obnoxiously placed ads get more clicks. Intrusive is  more successful.</description>
		<content:encoded><![CDATA[<p>GRS,</p>
<p>The $15,000-$18,000 a month is for what appears to be the most successful blog, which claims to get 1.5 million unique visitors a month. That&#8217;s the very top, not the top 10%.</p>
<p>Trainwreck,</p>
<p>Yes, the subscription service is a problem I am well aware of. It turns out that a full subscription (RSS) allows bots to scrape the the entire site easily, which is a real negative. I may switch to a partial subscription (you get the first couple of paragraphs in RSS).</p>
<p>Anon 0f 12:04 PM,</p>
<p>The placement of the ads in under our control; what the services put there is another matter. I put up an article that analyzed how the Republicans had painted themselves in a corner ideologically. We then got Anne Coulter ads showing up! Yikes! </p>
<p>The problem is that the obnoxiously placed ads get more clicks. Intrusive is  more successful.</p>
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		<title>By: RE</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3924</link>
		<dc:creator>RE</dc:creator>
		<pubDate>Mon, 11 Feb 2008 21:42:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3924</guid>
		<description>Ives,&lt;br/&gt;&lt;br/&gt;I believe that blogging only makes sense within the context of a larger site.&lt;br/&gt;&lt;br/&gt;No single blogger can sustain him/herself over time.  The effort involved in proving timely, pertinent insight is simply too much for a single person or even a duo as in the case of Tanta and CR.&lt;br/&gt;&lt;br/&gt;As you know very well, every time you don&#039;t blog for a day or more, your blog traffic drops precipitously. Don’t even contemplate a real vacation.&lt;br/&gt;&lt;br/&gt;If you would like, I wouldn&#039;t mind sharing some of my ideas, however modest, with you in a different forum.&lt;br/&gt;&lt;br/&gt;Also note that your RSS feed does not contain any ads and is therefore definitely a lost revenue source.</description>
		<content:encoded><![CDATA[<p>Ives,</p>
<p>I believe that blogging only makes sense within the context of a larger site.</p>
<p>No single blogger can sustain him/herself over time.  The effort involved in proving timely, pertinent insight is simply too much for a single person or even a duo as in the case of Tanta and CR.</p>
<p>As you know very well, every time you don&#8217;t blog for a day or more, your blog traffic drops precipitously. Don’t even contemplate a real vacation.</p>
<p>If you would like, I wouldn&#8217;t mind sharing some of my ideas, however modest, with you in a different forum.</p>
<p>Also note that your RSS feed does not contain any ads and is therefore definitely a lost revenue source.</p>
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		<title>By: The Prudent Investor</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3922</link>
		<dc:creator>The Prudent Investor</dc:creator>
		<pubDate>Mon, 11 Feb 2008 20:49:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3922</guid>
		<description>IMHO blogging is about non-commercial, non-mainstream information on which topic ever. &lt;br/&gt;Once a blog is written for profit, I consider it as just another web service disguising as a blog.&lt;br/&gt;I blog for free and so do many million more bloggers, and this way we each share the rich knowledge of all. &lt;br/&gt;Blogs have led MSM about the housing bust and are ahead of the curve on so many other issues by sometimes several years. As a European I get contrarian insights into global markets and spot trends much earlier. Without political blogs there would be no information about the growing fascism under Bush.&lt;br/&gt;Disclosure: My Google AdSense balance is $85 and 12 months with a donation button earned me $10.</description>
		<content:encoded><![CDATA[<p>IMHO blogging is about non-commercial, non-mainstream information on which topic ever. <br />Once a blog is written for profit, I consider it as just another web service disguising as a blog.<br />I blog for free and so do many million more bloggers, and this way we each share the rich knowledge of all. <br />Blogs have led MSM about the housing bust and are ahead of the curve on so many other issues by sometimes several years. As a European I get contrarian insights into global markets and spot trends much earlier. Without political blogs there would be no information about the growing fascism under Bush.<br />Disclosure: My Google AdSense balance is $85 and 12 months with a donation button earned me $10.</p>
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		<title>By: doc</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3917</link>
		<dc:creator>doc</dc:creator>
		<pubDate>Mon, 11 Feb 2008 18:09:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3917</guid>
		<description>Another comment:&lt;br/&gt;&lt;br/&gt;There really is no paradox in the fact that a blog with business content has an association with advertising or revenue related opportunities.  Business is about exploiting opportunities, but the paradox with blogs like yours is in the balance between focusing on quality content or to become a slut and just prostitute yourself to more Johns in an all out effort to turn more tricks for the man --  which of course results in a worn out bag that has very little future value or utility.&lt;br/&gt;&lt;br/&gt;Your concern therefore relating to aesthetics can go towards extreme makeovers which also takes away time from your content, much like an older hooker that needs to put on more makeup.  The joke at Calculatedrisk is related to putting lipsticks on (mortgage) pigs, thus IMHO, your situation seems to be a matter of coming to terms with becoming the proprietor  of a well run cathouse, which offers nice content and revenue, but allows you to focus on your focused primary area of expertise   --  and then let the other things fall into place.&lt;br/&gt;&lt;br/&gt;Perhaps one should study cathouse economics and look at statistics related to traffic flow patterns, i.e, do these ads at your cathouse attract more business, or do they impair it.  One must study relationships on why cutomers are coming to your cathouse; there must be attractions which drive people in a sustainable, meaningful way, versus becoming lazy and hoping advertising will result in future cash flow.  Your customers IMHO, are coming here for your content and thus one should be careful to not drive them away to other cat houses which offer less noise.&lt;br/&gt;&lt;br/&gt;As is, your house here is fine place to drink vodka and enjoy synthetic derivative show explode, we need more fireworks, more vodka, more content....screw the advertiser pigs, but I see no conflict or paradox if this is kept in balance!&lt;br/&gt;&lt;br/&gt;Na zdorovje</description>
		<content:encoded><![CDATA[<p>Another comment:</p>
<p>There really is no paradox in the fact that a blog with business content has an association with advertising or revenue related opportunities.  Business is about exploiting opportunities, but the paradox with blogs like yours is in the balance between focusing on quality content or to become a slut and just prostitute yourself to more Johns in an all out effort to turn more tricks for the man &#8212;  which of course results in a worn out bag that has very little future value or utility.</p>
<p>Your concern therefore relating to aesthetics can go towards extreme makeovers which also takes away time from your content, much like an older hooker that needs to put on more makeup.  The joke at Calculatedrisk is related to putting lipsticks on (mortgage) pigs, thus IMHO, your situation seems to be a matter of coming to terms with becoming the proprietor  of a well run cathouse, which offers nice content and revenue, but allows you to focus on your focused primary area of expertise   &#8212;  and then let the other things fall into place.</p>
<p>Perhaps one should study cathouse economics and look at statistics related to traffic flow patterns, i.e, do these ads at your cathouse attract more business, or do they impair it.  One must study relationships on why cutomers are coming to your cathouse; there must be attractions which drive people in a sustainable, meaningful way, versus becoming lazy and hoping advertising will result in future cash flow.  Your customers IMHO, are coming here for your content and thus one should be careful to not drive them away to other cat houses which offer less noise.</p>
<p>As is, your house here is fine place to drink vodka and enjoy synthetic derivative show explode, we need more fireworks, more vodka, more content&#8230;.screw the advertiser pigs, but I see no conflict or paradox if this is kept in balance!</p>
<p>Na zdorovje</p>
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		<title>By: doc</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3916</link>
		<dc:creator>doc</dc:creator>
		<pubDate>Mon, 11 Feb 2008 17:42:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3916</guid>
		<description>Im just shocked, the more I learn, the more shocking this becomes, as Im just one of the puppets used on a stage full of more complex puppet masters that have large spools of thread, and sharp scissors waiting to chop off more lines to attach to more puppets that will be connected to a very large and ugly capitalistic play that is driven by insane megalomaniacs that seek to control the world, one pixel at a time, word by word, ad by ad:&lt;br/&gt;&lt;br/&gt;Just filthy:  http://www.tribalfusion.com/channels/sitelist.html?adPropId=124&amp;dataId=124&lt;br/&gt;&lt;br/&gt;I can not believe Calculatedrisk is part of this, and now you...you.you.you&lt;br/&gt;&lt;br/&gt;Im so pissed Im gonna start my own thing, but I will link to your thing ....</description>
		<content:encoded><![CDATA[<p>Im just shocked, the more I learn, the more shocking this becomes, as Im just one of the puppets used on a stage full of more complex puppet masters that have large spools of thread, and sharp scissors waiting to chop off more lines to attach to more puppets that will be connected to a very large and ugly capitalistic play that is driven by insane megalomaniacs that seek to control the world, one pixel at a time, word by word, ad by ad:</p>
<p>Just filthy:  <a href="http://www.tribalfusion.com/channels/sitelist.html?adPropId=124&#038;dataId=124" rel="nofollow">http://www.tribalfusion.com/channels/sitelist.html?adPropId=124&#038;dataId=124</a></p>
<p>I can not believe Calculatedrisk is part of this, and now you&#8230;you.you.you</p>
<p>Im so pissed Im gonna start my own thing, but I will link to your thing &#8230;.</p>
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		<title>By: Dave Raithel</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3915</link>
		<dc:creator>Dave Raithel</dc:creator>
		<pubDate>Mon, 11 Feb 2008 17:33:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3915</guid>
		<description>Hyman Minsky would often observe, in the one course I had with him many years ago and so I paraphrase: The thing about a thing like a phone company is that once you&#039;ve recovered your capital and maintenance costs, the marginal cost of the next phone call made is next to nothing. So how do you price that?&lt;br/&gt;&lt;br/&gt;I take that as an object lesson in your case this way: If not for content of sites like yours (not exclusively, but I seek news and information much more than porn), I&#039;d have little or no use for the &quot;series of tubes.&quot; So then, why shouldn&#039;t you be getting a cut of the pile of coins I and others cough up to our ISPs and carriers, as inefficient as they may be?&lt;br/&gt;&lt;br/&gt;I suspect this may bump against &quot;net-neutrality&quot;, and I certainly don&#039;t want to pay more than I already do for what I now get, but the fact is this: Some of us, whether by temperment, or parsimony, or nearly empty pockets, or all three (like me) hardly ever buy anything over the net or respond to advertising there (here.) (I did recently buy a copy of Tjalling Koopman&#039;s &quot;Three Essays...&quot; from a Dutch site that was much cheaper than Amazon, but this is very much an exception and not a rule.) We&#039;re the same people who, even if we watch commercial TV, never sit through commericals - that&#039;s why the remote was invented. We grew up reading Thorstein Veblen and Vance Packard and Herbert Marcuse. We&#039;d throw things at the TV when Friedman &amp; Sowell did their Rowan &amp; Martin... We suspect, always, that somebody is trying to dupe us. I, on the other hand, admit to being a free-rider on your blog..&lt;br/&gt;&lt;br/&gt;In short, Mr. Smith, you suffer the contradictions of capitalism, as quaint as that phrase may seem in these times. Check out Alvin W. Gouldner&#039;s &quot;The Dialectic of Ideology and Technology&quot; and his following book, &quot;The Future of Intellectuals and the Rise of the New Class&quot; for predictions about your predicament...&lt;br/&gt;&lt;br/&gt;But hey, what do I know? I&#039;m just a wage slave marxist with a Ph.D. who tends a vineyard - literally, there&#039;s nothing figurative about it.&lt;br/&gt;&lt;br/&gt;That said, I very much appreciate what you do. I have learned more about finance capitalism from your posts and references and associated blogs and links than I would ever have believed I would had someone told me years ago that this is now on what I spend most my free time. I spend a few hours here trolling and linking and I get this sense of ...&quot;schadenfreud&quot;...? conjoined with horror. I don&#039;t believe there&#039;s anything I can do about anything I&#039;ve learned, but it sure is exhilerating when not exhausting. It&#039;s kind of like watching a trainwreck, where all I can do is point and gawk and marvel and cringe... and fear for my children, and try to find more work...Anybody who can make someone feel like that is an artist....</description>
		<content:encoded><![CDATA[<p>Hyman Minsky would often observe, in the one course I had with him many years ago and so I paraphrase: The thing about a thing like a phone company is that once you&#8217;ve recovered your capital and maintenance costs, the marginal cost of the next phone call made is next to nothing. So how do you price that?</p>
<p>I take that as an object lesson in your case this way: If not for content of sites like yours (not exclusively, but I seek news and information much more than porn), I&#8217;d have little or no use for the &#8220;series of tubes.&#8221; So then, why shouldn&#8217;t you be getting a cut of the pile of coins I and others cough up to our ISPs and carriers, as inefficient as they may be?</p>
<p>I suspect this may bump against &#8220;net-neutrality&#8221;, and I certainly don&#8217;t want to pay more than I already do for what I now get, but the fact is this: Some of us, whether by temperment, or parsimony, or nearly empty pockets, or all three (like me) hardly ever buy anything over the net or respond to advertising there (here.) (I did recently buy a copy of Tjalling Koopman&#8217;s &#8220;Three Essays&#8230;&#8221; from a Dutch site that was much cheaper than Amazon, but this is very much an exception and not a rule.) We&#8217;re the same people who, even if we watch commercial TV, never sit through commericals &#8211; that&#8217;s why the remote was invented. We grew up reading Thorstein Veblen and Vance Packard and Herbert Marcuse. We&#8217;d throw things at the TV when Friedman &#038; Sowell did their Rowan &#038; Martin&#8230; We suspect, always, that somebody is trying to dupe us. I, on the other hand, admit to being a free-rider on your blog..</p>
<p>In short, Mr. Smith, you suffer the contradictions of capitalism, as quaint as that phrase may seem in these times. Check out Alvin W. Gouldner&#8217;s &#8220;The Dialectic of Ideology and Technology&#8221; and his following book, &#8220;The Future of Intellectuals and the Rise of the New Class&#8221; for predictions about your predicament&#8230;</p>
<p>But hey, what do I know? I&#8217;m just a wage slave marxist with a Ph.D. who tends a vineyard &#8211; literally, there&#8217;s nothing figurative about it.</p>
<p>That said, I very much appreciate what you do. I have learned more about finance capitalism from your posts and references and associated blogs and links than I would ever have believed I would had someone told me years ago that this is now on what I spend most my free time. I spend a few hours here trolling and linking and I get this sense of &#8230;&#8221;schadenfreud&#8221;&#8230;? conjoined with horror. I don&#8217;t believe there&#8217;s anything I can do about anything I&#8217;ve learned, but it sure is exhilerating when not exhausting. It&#8217;s kind of like watching a trainwreck, where all I can do is point and gawk and marvel and cringe&#8230; and fear for my children, and try to find more work&#8230;Anybody who can make someone feel like that is an artist&#8230;.</p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3914</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Mon, 11 Feb 2008 17:04:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3914</guid>
		<description>I guess Im confused with your ads, as I thought they were here because you placed them here; if that is the case, why not just carve out a space for them to all live, like at the very bottom of the page, where they can be ignored.&lt;br/&gt;&lt;br/&gt; Maybe Im being naive here, but these do produce revenue dont they?  Thus the matter gets back to aesthetics, and in that narrow case, there is a cluttered look that hinders flow  --  but in reality, people jump from one story to another, so its fairly easy to ignore this clutter and just bypass ads.  The other day I clicked on something about a new movie, and I kept waiting for some economic relationship, and now I know to not click on those time wasters.</description>
		<content:encoded><![CDATA[<p>I guess Im confused with your ads, as I thought they were here because you placed them here; if that is the case, why not just carve out a space for them to all live, like at the very bottom of the page, where they can be ignored.</p>
<p> Maybe Im being naive here, but these do produce revenue dont they?  Thus the matter gets back to aesthetics, and in that narrow case, there is a cluttered look that hinders flow  &#8212;  but in reality, people jump from one story to another, so its fairly easy to ignore this clutter and just bypass ads.  The other day I clicked on something about a new movie, and I kept waiting for some economic relationship, and now I know to not click on those time wasters.</p>
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		<title>By: Trainwreck</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3909</link>
		<dc:creator>Trainwreck</dc:creator>
		<pubDate>Mon, 11 Feb 2008 15:37:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3909</guid>
		<description>Well I hate to admit it, but the fact that you provide an email subscription service cuts down on your blogsite traffic.  I often find myself bypassing your website and simply reading the emailled blogposts instead.&lt;br/&gt;&lt;br/&gt;Something to think about...</description>
		<content:encoded><![CDATA[<p>Well I hate to admit it, but the fact that you provide an email subscription service cuts down on your blogsite traffic.  I often find myself bypassing your website and simply reading the emailled blogposts instead.</p>
<p>Something to think about&#8230;</p>
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		<title>By: Gyred</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3906</link>
		<dc:creator>Gyred</dc:creator>
		<pubDate>Mon, 11 Feb 2008 14:45:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3906</guid>
		<description>For a less cluttered look, you might consider an advertising approach similar to the one used by some high-end tech sites. Their system is an ad network called &quot;The Deck.&quot; http://coudal.com/deck/</description>
		<content:encoded><![CDATA[<p>For a less cluttered look, you might consider an advertising approach similar to the one used by some high-end tech sites. Their system is an ad network called &#8220;The Deck.&#8221; <a href="http://coudal.com/deck/" rel="nofollow">http://coudal.com/deck/</a></p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics_11.html#comment-3905</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Mon, 11 Feb 2008 14:17:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/02/on-blogging-economics-and-aesthetics-2/#comment-3905</guid>
		<description>Did you write &quot;15k-18k monthly&quot; (gross, I presume)? &lt;br/&gt;So...WTF? &lt;br/&gt;My heart really goes out to you top-10 percenters. &lt;br/&gt;&lt;br/&gt;Great blog though. &lt;br/&gt;&lt;br/&gt;(Mind you), watch Hupert Sauper&#039;s &quot;Darwin&#039;s Nightmare&quot; one rainy Sunday and think about the question of what&#039;s worth what.&lt;br/&gt; &lt;br/&gt;GRS</description>
		<content:encoded><![CDATA[<p>Did you write &#8220;15k-18k monthly&#8221; (gross, I presume)? <br />So&#8230;WTF? <br />My heart really goes out to you top-10 percenters. </p>
<p>Great blog though. </p>
<p>(Mind you), watch Hupert Sauper&#8217;s &#8220;Darwin&#8217;s Nightmare&#8221; one rainy Sunday and think about the question of what&#8217;s worth what.</p>
<p>GRS</p>
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