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We need to recognise that the entire information sector—from music to newspapers to telecoms to internet to semiconductors and anything in-between—has become subject to a gigantic market failure in slow motion. A market failure exists when market prices cannot reach a self-sustaining equilibrium. The market failure of the entire information sector is one of the fundamental trends of our time, with far-reaching long-term effects, and it is happening right in front of our eyes.

Eli Noam

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Although there exist many thousand subjects for elegant conversation, there are persons who cannot meet a cripple without talking about feet.
Ernest Bramah

Eli Noam

Eli Noam
Creative Commons

Born: August 22, 1946 (age 78)
Bio: Eli M. Noam is a professor of Finance and Economics at the Columbia Business School. He has written over 400 articles and has authored, edited, and co-edited about 25 books. Noam is married to Nadine Strossen, the former National President of ACLU.
Known for:
  1. Media ownership and concentration in America (2009)
  2. Telecommunications in Europe (1992)
  3. Television in Europe (1991)
  4. The impending doom of common carriage (1993)

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