Why journalists deserve low pay

This opinion piece by media economics professor Robert Picard has been making the rounds. He makes his case in the Christian Science Monitor on why he thinks journalists deserve their low pay.

Today all this value is being severely challenged by technology that is "de-skilling" journalists. It is providing individuals – without the support of a journalistic enterprise – the capabilities to access sources, to search through information and determine its significance, and to convey it effectively.