Notwithstanding the DACA recommendations for a reconstituted communications competition agency, Congress should also consider alternatives such as abolishing the FCC entirely and relying on antitrust agencies or merging the FCC’s responsibilities with the Federal Trade Commission.
Former senior Federal Communications Commission (FCC) officials Gerald Faulhaber and David Farber noted without irony that US spectrum policy resembles GOSPLAN, the Soviet planning agency that distributed scarce inputs to producers in every sector of the Soviet economy. The woeful inefficiencies and waste resulting from the current system of regulatory allocation are predictable, yet avoidable.
This comment addresses Environmental Protection Agency’s request for advice in “developing an ‘analytic blueprint’ of materials on the technical merits and challenges of using economy-wide models to evaluate the social costs, benefits, and economic impacts associated with EPA’s air regulations.” The agency plans to present these materials to a new Science Advisory Board (SAB) panel with “expertise in economy-wide modeling.”…
Current television law makes programming agreements circuitous and distorts market forces. The Congressional Research Service says that “the negotiations between programmers and distributors, although private, are strongly affected by statutory and regulatory requirements and cannot be properly characterized as free-market.” Every television industry segment has received some regulatory favors though the decades. Most concerning is that there is “a thicket of communications law requirements aimed at protecting and supporting the broadcast industry,” as the Copyright Office has said.
That many nongovernmental stakeholder communities are electing to participate in Internet governance processes on their own account implies that governments lack the consent necessary to legitimately exercise a primary role.
Join America’s Future Foundation and the Mercatus Center for a discussion on weighing the benefits and drawbacks of attending graduate school. Hear speakers from a variety of backgrounds offering advice for what your next step should be.
In Homer Economicus a cast of lively contributors takes a field trip to Springfield, where the Simpsons reveal that economics is everywhere. By exploring the hometown of television's first family, this book provides readers with the economic tools and insights to guide them at work, at home, and at the ballot box.