Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,050
18%  
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  • Capitalism Without Capital

    01/03/2005 1:51:10 PM PST · by BJClinton · 30 replies · 1,572+ views
    Tech Central Station ^ | 1/03/2005 | Arnold Kling
    "What's really amazing about the Long Tail is the sheer size of it. Combine enough nonhits on the Long Tail and you've got a market bigger than the hits. Take books: The average Barnes & Noble carries 130,000 titles. Yet more than half of Amazon's book sales come from outside its top 130,000 titles. Consider the implication: If the Amazon statistics are any guide, the market for books that are not even sold in the average bookstore is larger than the market for those that are. ...The average Blockbuster carries fewer than 3,000 DVDs. Yet a fifth of Netflix...