merit good


One thinks that the case has been made over and over again that the connectivity made possible by ICTs is a good thing. Governments appear to act on this basis when they formulate telecom and broadband policies and sometimes even direct subsidies to encourage greater connectivity. Yet, whenever there is need for money all that falls by the wayside and Willie Sutton takes over. Willie Sutton was a famous bank robber who was asked why he robbed banks. “I rob banks because that’s where the money is,” he said.