Every once in awhile, it pays to stand back and reflect for a moment
on the "Adam Smith, Esq." community—yes, dear reader,
that means you.

The more involved I’ve become with "Adam Smith, Esq.," and the more
readers I’ve heard from and even met in the real world, the more
I’ve come to think of it not as a "blog" but as a publication, with
all of the responsibility for accuracy, even-handedness, and citation
of original source material, that that entails.  As the managing
partner of an AmLaw 25 firm said to me, "The difference between you
and The American Lawyer is that you publish a couple of
dozen times a month."  [And there’s a nontrivial difference
in the cost of a subscription, but I chose to be kind and avoid pointing
that out.]

Have I, then (horrors!), become "Mainstream Media"?!

Wrong question, at least if you believe David
Sifry, founder and
CEO of Technorati, the first
and in many ways still the best search engine dedicated to blogs.  In
a thoughtful and, blessedly, data-rich post,
Sifry points out that some famous blogs, including the ubiquitous
Boing Boing, have professional journalists on staff.  Other
sites which he classifies as "MSM," including Slashdot, let readers
spontaneously create and populate their content. 

The point is that the line between the MSM and the blogosphere is
blurring, particularly as we gain more experience with what I think
of as "Blogs 2.0:"  Sites, like "Adam Smith, Esq.,"
that are professionally produced, directed at a focused target audience,
and (so people tell me) offer content equivalent in quality and analytic
rigor to anything to be found offline in more conventional media
addressing the same topics.

That said, blogs are never going to supplant The New York Times or CNN, as
this handy little graphic makes clear:

It’s also overly simplistic to conclude, as the hypothesis
of "The Long
Tail"
would
have it, that you’re either on the A-List, read by millions, or you’re
nowhere.   Going just a very short distance further down
the popularity distribution curve shows blogs gaining a lot of real
estate on the MSM:

Sifry calls sites that are neither on the A-list nor
irrelevant The Magic Middle of the attention curve:

"This realm of publishing highlights some of the most
interesting and influential bloggers and publishers that are often
writing about topics that are topical or niche, like Chocolate and
Zucchini on food, Wi-fi Net News on Wireless networking, TechCrunch
on Internet Companies, Blogging Baby on parenting, Yarn Harlot on
knitting, or Stereogum on music – these are blogs that are interesting,
topical, and influential, and in some cases are radically changing
the economics of trade publishing. […] 

"And what is so interesting
to me is how interesting, exciting, informative, and witty these
blogs often are. "

So it’s official:  You are a subscriber in good standing to
"The Magic Middle."  And "Adam Smith, Esq." is a publication
in every sense intended by that moniker.

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