Cookie Madness!

I just don't understand Julia Angwin's scare story about cookies and ad targeting in the Wall Street Journal. That is, I don't understand how the journal could be so breathlessly naive, unsophisticated, and anachronistic about the basics of the modern media business. It is the Reefer Madness of the digital age: Oh my God, Mabel, they're watching us!

If I were a conspiracy theorist — and I'm not, because I've found the world is rarely organized enough to conspire (and I found this to be...