“Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest of mankind follows them little by little. The innovation is first a luxury of only a few people, until by degrees it comes into the reach of the many.” So writes Mises in the Anticapitalistic Mentality. It appears that blogs themselves qualify: “Blog readers might still be small in number, but they are among the most influential groups in the United States, according to a study by blog ad network Blogads.com.”
Blogs: A Luxury Good
