Chapter one : Introduction and overview : Freedom and power. To begin ; Freedom and power ; Demand for mass media messages ; Stages of production of media messages ; Sources of concentration ; Public goods and monopolistic competition ; Diversity ; Access ; Right to hear vs. the right to be heard ; Ecnomic freedom ; Role of advertising ; Intermedia competition ; Economics and personal expression -- Chapter two : Newspapers. Introduction ; Newspaper economics ; Newspapers in the eighteenth century ; Newspapers in the nineteenth century ; Newspapers in the twentieth century ; Have things changed? ; Antitrust in the newspaper field ; Public policy issues ; Appendix : Economic history of the newspaper industry : the numbers -- Chaper three : Radio and television. Introduction : early history of broadcasting ; Spectrum allocation ; Current status of broadcasting ; Theory of broadcast regulation ; Carroll doctrine and taxation by regulation ; Localism ; Economic biases in program selection ; Paying for programs ; Red Lion and the fairness doctrine ; Access and diversity ; Network power ; Radio today ; Public broadcasting ; Cable television ; Social and cultural effects : the end of history ; Cross-ownership and the role of antitrust ; Policies to promote freedom of expression in broadcasting ; Appendix : Television programming, monopolistic competition, and welfare by Michael Spence and Bruce Owen -- Chapter four : Magazines and motion pictures. Introduction ; Magazines ; Motion pictures -- Capter five : Conclusions and a policy shopping list. Introduction ; Need for structural reform ; Policy shopping list ; Freedom os expression in the twentieth century ; Economics and freedom of expression