Northcote Parkinson's famous law about work and time: junk communication expands to fill the bandwidth available.

ECONOMIST: Praise the baud | The

This was brought home vividly as I attended, on Oct. 12 in New York, the awarding of the 2004 Civil Courage prizes by the Northcote Parkinson Fund.

FORBES: Front-Page News

The roster of recently born awards (see table, next page) expanded last month with the first Prize for Civil Courage, a creation of John Train, a 72-year-old New York investment counsel, and his Northcote Parkinson Fund.

FORBES: Nobel Gestures