Writing is a Rich Man's Hobby

Toby Young, writing in The Telegraph

"These days, you need a substantial private income – or a public sector pension – to be a full-time writer. Last year, a survey of 2,500 professional authors found that their median income in 2013 was £11,000...The writing game is notoriously lopsided, in which a small handful of bestselling authors earn a fortune and the vast majority live on scraps, but it’s got worse in the past decade".