The site is part experiment, part provocation, highlighting how easily embarrassing intimate information can be gathered in the Internet era.

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So what do those events in the 1930s, which unfolded when bankers, politicians and investors knew so much less about the economy, have to do with our world, the age of the Internet, the era of unlimited access to information and advanced economic theories?

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In brief, whereas hustlers have gradually been losing their information advantage with respect to investors (resulting in the balance of power collapsing), hackers have generally been gaining information advantage with respect to both, as Internet-era technology has gotten more complex and specialized.

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The internet era has contributed to increase awareness among consumers, providing them with information and giving them platforms for making their voice heard.

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Reed Elsevier has fat margins and high prices in a business based on information--a commodity, and one that is cheaper than ever in the internet era.

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The era of "information appliances" - electronic gizmos designed to tap into the Internet, often for specialized transactions - is approaching, and with it the end of the PC as the primary tool for online access.

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