TechCrunch » Magnatune’s Answer to the Music Problem

As the article says "I really think this is the music business model of the future." It's about time someone in the music business came to their senses. Instead of treating customers as criminals, this label actually trusts them. The model is: try the music by downloading entire albums or songs (not just 30 seconds of them) and if you like it, you buy it. No DRM, no problems with player incompatibility (you can get songs in whatever format you like), no rootkits, no BS about buying a song and not being able to play it on your particular audio player. All Magnatune needs now are big-name acts to sign on.

I think from now on, I will avoid buying from iTunes and start buying only from Magnatune. I am sick of the mainstream crap on iTunes anyway. It's time to discover new music and stop making the anachronistic big labels richer!

How to Make Wealth

Another excellent essay by Paul Graham. Paul gives a good one line summary of his essay at the end when he says: "Let the nerds keep their lunch money, and you rule the world." It sounds, from the essay, like he is a libertarian and he give great examples showing how the ideas of libertarianism play to the basic tendencies of the human psyche. In the process he shows why communism in Russia failed and why every form of government that doesn't allow the innovators to keep their money is destined to fail.