My Question for Larry Summers
By Arnold Kling
I doubt that I will get to ask it. He is announcing that over the next ten years, the government is going to make more spectrum available for broadband.
My question is: isn’t this just a partial solution to a problem that is entirely government created?
That is, we have this legacy regulation that assigns spectrum to particular use, rather than allowing whoever owns the spectrum to use it any way they want. Basically, the solution is to abolish all FCC regulations other than assigning clear and strong property rights to spectrum.