There are plenty of ways today to pay little—or nothing—to read the news. There are free blogs. There’s Facebook and Twitter. Who needs a subscription to a local newspaper?
Millions of Americans have decided they don’t. But new research suggests this strategy may have costs in the long run. That’s because newspapers are not like most things we buy. If you decide not to buy a watch or a cappuccino, you save money. But if you decide not to pay for a police department, you might save money in the short run, but end up paying more in the long run. [Listen to the full podcast from NPR here.]