In the last year or two, some have called for government subsidized newspapers. Presumably they have never read Hayek, nor have they sufficiently pondered Liebling’s famous quip:
“Freedom of the press is guaranteed only to those who own one.”
Source: Abbott Joseph Liebling, The Press. New York: Pantheon Books, 1981, p. 32.
(Note: I believe that the 1981 Pantheon edition may be an exact reprint of the 1954 Ballantine Books edition. Also, I have not confirmed this, but have seen it claimed that the original location of this quote is Liebling’s essay “Do You Belong in Journalism?” New Yorker, 4 May 1960.)