Are government subsidies the cure for what ails the news business? Add Lee Bollinger, the president of Columbia University, to the roster of eminentos who think the answer is yes. In “Uninhibited, Robust, and Wide-Open: A Free Press for a New Century,’’ Bollinger argues that the condition of the mainstream press, which is slowly being crushed under the treads of the Internet, “may become so grave as to require injections of public funds.’’ He is convinced “that this will prove to be the only way to sustain a free press over time.’’ Bollinger isn’t the only one who would like...