She has an interesting factoid - those local governments with local newspapers have significantly and demonstrably lower costs of borrowing than those without - the conjecture being that over the years councils have been unable to get away with blatant corruption for fear of public humiliation- that the "watchdog" role of newspapers is not nice journalist ethics but actually measurable in tax dollars
ICANN is part of the Internet's local government and we need to find new ways to keep watchdogs alive.
[#] https://podcasts.apple.com/gb/podcast/slate-money/id87652388...