Sigh

Via the NY Observer: Steve Ross, Collins publisher, "said he was glad the publishing industry and the economy in general are collapsing now rather than when he was first starting out in the early 1980s.

'It'd be absolutely terrifying to be starting out now, to be young and to not have the benefit of years, if not decades, of perspective," Mr. Ross said. "I would have seriously considered leaving book publishing.'

What would he have done instead?

'Law school,' he said. 'Or worse, I would have gotten an MBA.'

Oh boy.