I visit quite a few websites due to my work, and I’m always amazed by some websites that don’t link out.
Wikipedia links to a lot of websites.
On another hand, some journalists tend to avoid this.
Some bloggers are a bit strange – they link a lot to the websites that pay them or give them an immediate advantage (via affiliate marketing), and few do not at all to websites that don’t give them an advantage.
I think life in general, and the Internet in particular, are a wonder.
It’s a shame to harm both of them (visitors, and search engines – both contribute to the Internet) by not linking out.