More on creative destruction and the book business

In a miracle of good timing, Professors Posner and Becker (whose Becker-Posner Blog I've excerpted here before) have decided this week to take up the issue of creative destruction, especially as it pertains to the bookstore industry. As you'll recall, I wrote about creative destruction twice last week, here and here.

As always, Becker and Posner both wrote on the same topic, with slightly different angles. I'm not going to bother excerpting them here, since they're both difficult writers from whom to pull sound bites. But if you were interested in the concept and want to read more about it, I encourage you to read both of their takes (particularly Becker's interesting views on the shifting of activities out of--and then back into--the home).

Becker's take
Posner's take