The announcement this morning that Conde Nast is shuttering Gourmet Magazine (and three other titles), is just the latest in a string of struggles facing the publishing industry. I recently wrote about the challenges African-American media outlets are confronting, along with other niche publishing areas and the industry as a whole.

Food is one of the easiest ways to understand economizing at home, and Gourmet Editor-in-Chief Ruth Reichl shared her recession favorites on the Leo Lopate show on WNYC earlier this year.

In an older interview on Charlie Rose, Reichl talks about the importance of food in our lives.

But rather than wallow in the past, maybe the best thing to do is have a (classic 1940s Gourmet-approved) cocktail.