Arnold Kling

Legacy Charter Problem

Arnold Kling, Great Questions of Economics
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According to this column in techcentralstation, a recent forum of the New America Foundation came to the same conclusion that I did in post 71, below, that legacy charters are an obstacle to broadband deployment.

New American Foundation Markle Fellow James Snider... advocates the creative destruction of the old copper wire phone to make way for faster fiber lines and the old line broadcasting networks to make way for new wireless technologies.

Unfortunately, both the old phone and the old broadcasting networks, he noted, are too politically well protected.

Discussion Question. Which body do you think is more likely to overcome political influence and promote a regulatory architecture for phone service and spectrum that is in the public interest: the FCC or Congress?

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