Economic Restructuring & the Next New Thing

George Will, NewsweekLong ago, in 2008, Americans bought 1.4 billion books made of paper and 200 million e-books. By 2014 "perhaps sooner" sales of e-books will equal those of the paper kind. This could save 1.5 million tons of paper made from, possibly, 25 million trees, affecting the price of timber. But the books (and other stuff) bought in e-commerce come in cardboard boxes. So some of those trees will not be spared after all. Furthermore, because of e-commerce and e-books, perhaps half the nation's bookstores will be gone in four years, vacating at least 50 million square...

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