Category Archives: Business

Like Parents, Like Children

An interesting article on the degree to which your parents’ professions influence your own. These two were sort of outliers, though, in the sense that there is much less demand for the “services” than there is “talent” for it:

Some fields are particularly dynastic, like Hollywood acting or politics.

You don’t say. I’d go beyond “dynastic,” and say nepotistic.

I have a theory that one of the reasons that Hollywood types tend to be “liberal” is guilt over the knowledge that, though there can be a lot of perseverance involved, their success was largely due to dumb luck, or choosing the right parents, and that there are many other people who were just as, or more capable and/or attractive than them. On the politics side, I hope we’ve finally broken the Kennedy, Bush and Clinton dynasties, but the threat of George P. and Chelsea are still out there.

[Early-afternoon update]

Sorry about the missing link; I had a long dentist appointment this morning right after I posted that. Fixed now.

Net Neutrality

Those protesting the decision are going after the wrong targets:

Fifteen years ago, when I started blogging, it was common to hear that “the internet interprets censorship as damage and routes around it.” You don’t hear that so often anymore, because it’s not true. China has proven very effective at censoring the internet, and as market power has consolidated in the tech industry, so have private firms.

Meanwhile, our experience of the internet is increasingly controlled by a handful of firms, most especially Google and Facebook. The argument for regulating these companies as public utilities is arguably at least as strong as the argument for thus regulating ISPs, and very possibly much stronger; while cable monopolies may have local dominance, none of them has the ability that Google and Facebook have to unilaterally shape what Americans see, hear, and read.

In other words, we already live in the walled garden that activists worry about, and the walls are getting higher every day. Is this a problem? I think it is.

Yes, it is.