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- @tevenski Yes, and you had just as much fun hitting a ball of light back and forth. At the time we all thought that was incredible. Just like kids use to have lots of fun staring at a radio listening to the Lone Ranger or Howdy Doody. It's just a function of what you know.
- Collapse of the dollar on May 28, 2016?
- Epistemological foundation for AE
- @KennedyFinance Just checked. Your account is up 40% since Jan. of 2016, but still down 2% since you opened it. You stated just before a big rise in the dollar, so your account initially fell by 30%. The dollar has surrendered those gains, and if I'm right its about to get killed.
- Gold is Doomed
- China Calls for New Global Reserve Currency to Replace Dollar @SchiffGold https://t.co/PmZH6Zr8SV
- July Consumer Confidence unexpectedly plunged to 90.9 from 99.8 in June, hitting its lowest level since Sept. 2014. Forecast was for 99.6.
- "Good News" in Housing Starts Has a Dark Side @SchiffGold https://t.co/uFH8BTw2mx
- Hey guys, let's build some pyramids!
- Inflation: A Semantic Change Worth Noting https://t.co/2TlFI45lPM @SchiffGold
Friday, April 8, 2016
Net Neutrality and Internet Services Providers: Are they natural monopolies? How do Austrians justify the current state of the ISP market?
Hello all. I'm 18 and currently doing a lot of reading on these issues in order to form an opinion. I've been introduced to Austrian Economics through a variety of sources, and its arguments are very compelling. However, there is one issue which I remain skeptical about. I have never been able to find an adequate conclusion in the debate between the two parties on the subject of regulating ISPs. More often than not both parties simply end by saying that the other has been fed propaganda and is wrong. Austrians will argue there are no natural monopolies, and that the current state of the ISP market is caused by government regulation. However, others will counter this by identifying that the Telecommunications Act of 1996 primarily dealt in deregulation, and that the oligopoly we now see is a result of this. I have not found a satisfying conclusion to this debate, and it is the barrier of my entry into fully accepting Austrian Economics.