Peter Kafka

Recent Posts by Peter Kafka

Barnes & Noble Founder Riggio Bids for Stores but Not Nook

Barnes & Noble founder Leonard Riggio, who still owns 30 percent of the company, has offered to buy the bookseller’s retail operations, but not its Nook e-reader business. The Wall Street Journal forecast Riggio’s offer last night.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work