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Blogonomics: Going Pro

Megan McArdle reckons that econoblogging has become professionalized:

All of the high-traffic economics bloggers I read are either professors, in some similarly rewarding profession, or already tied up by a media organization...
I'm not sure what this means for the blogging world. It's still largely an amateur medium, but it's hard to see how many new bloggers can compete with someone who gets paid to do it, unless they are independently wealthy or have a job, like journalism or academia, that routinely throws them a lot of bloggable material. Will it become as hard to break into blogging as it is to break into print?

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