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Bad mistake Quote by Nat Hentoff

“I told [a big investor in The New Yorker] - I was complaining the way writers complain.I said'[Bill Shawn] pays very well, but a lot of my pieces don't get in,' and that was true of most of the writers there.But he pays you for them, that was very nice of him. This guy didn't think it was very…” quote by Nat Hentoff
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“I told [a big investor in The New Yorker] - I was complaining the way writers complain.I said'[Bill Shawn] pays very well, but a lot of my pieces don't get in,' and that was true of most of the writers there.But he pays you for them, that was very nice of him. This guy didn't think it was very nice. He figured, 'Oh, my God, that's more of my investment gone,' and paying money to writers for not printing them. That became, apparently, one of his weapons against Shawn when he - in the corporate skirmishes that went on. It was a bad mistake on my part.”

Nat Hentoff

About This Quote

Source Interview: The New Yorker, 1970s, Nat Hentoff discussing publishing economics

Paying writers for unpublished work created tension, as investors saw it as wasteful, highlighting the clash between artistic support and financial expectations.

In simple terms: Paying for work that isn’t used can cause conflict.

Key Takeaway

Balance support for creators with fiscal responsibility.

Themes

publishing finance creative labor investor relations

Mood

critical pragmatic

Type

analytical industry

When to use this quote

  • budget planning
  • editorial policy
  • author contracts
  • grant funding

Key Concepts

economics of media artist compensation corporate strategy

Questions to Reflect On

  • Should publishers invest in unpublished work?
  • How can investors be convinced of the value of creative risk?
A Different Perspective

The practice may undervalue the long‑term benefits of nurturing talent.

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