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I'm not gloomy, though. We will still find our way to quality.

I love books as much as anybody. But I love reading more. It is the sustained and individual encounter with ideas and stories that is so bewitching. If new formats allow us to have more of those, let us welcome and learn from them.

In the U.S., public figures have to prove that statements about them are false and made with malice -- but in Britain a statement that harms one's reputation is enough to justify a libel action. Defendants must prove that statements are true or "fair comment." This has a chilling effect on the reporting of damaging facts.

"If information cannot be freely exchanged, if journalists must fear being sued over information reported in good faith on matters crucial to our defense, matters such as the financial networks supporting jihadist terror, then we cannot make sound security policy," former federal prosecutor Andrew McCarthy said at a recent conference on "libel lawfare." This is a useful term to describe lawsuits to suppress facts about radical Islam and terrorism.

The Web means that publishing anywhere means publishing everywhere, thus subjecting authors and publishers to litigation in pro-plaintiff jurisdictions