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Can freelance writers survive in this challenging economy?

One of the best freelance book reviewers and podcasters in the business has put all his interviewing efforts on hold--rocked by shrinking book reviewing budgets at his favorite outlets.

Read the sad news here (along with some hope for other options). I was particularly interested in the comments thread, where Ed and a number of other bloggers talk about the rough freelance economy--including thoughts from Largehearted Boy  and Jackie Corley.

Scroll down to check out Ed's comprehensive comment about the economics of freelancing:

"Jesse Thorn, host of “The Sound of Young America,” revealed some astonishing truths in this Metafilter thread. He points out that, despite being distributed on WNYC and WHYY, he only gets $5-10K a year from syndication."