Why is the Internet invisible to the professions?

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Today’s Hi and Lois says it all. Lois: “What’s on TV tonight?” [The each member of the  family is watching their own device] “Who cares?” asks Chip the teenaged son. Who cares indeed?     Sometimes the geniuses who draw and write comic strips capture profound truths. Who cares what’s on television tonight! If you […]

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The Ladder of Investment: parasite or symbiont?

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The ladders of investment are lonely creatures.They wander the plains of the Regulatorium, a vast continent whose middle is   populated by very few, very large idea-creatures, who dwarf the ladders of investment.  These bigger creatures graze on consumer surplus, and run into each other at large water holes, where they bellow their challenges to […]

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A fiendish question

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Sometimes a question can send you back to first principles. Yesterday I heard one, and it kept me awake last night while I pondered it. The question was asked by a Commissioner at the mobile wholesale hearing. It went like this. “The mobile sector has seen the most wonderful progress in the last twenty years. […]

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