link: http://ift.tt/1VF6cKW
Hot And Trending...
Trending
- The Theory of Free Banking
- Ron Paul Calls Out Ted Cruz
- On Cochrane's dream of equity-financing banking
- SRSrocco put together a graph tracking production for the top-four gold producers. You will note a pretty consistent downward trend. If these forecasts hold, we are looking at a 23% drop in output over less than a decade. http://bit.ly/2I5FJVb http://bit.ly/2D3w91e
- New Tool: Gold and Silver Bartering Made Easy @SchiffGold http://t.co/vhkAnY5cHH
- The Indian government can't keep up with the mismatch in the demand and supply of new currency notes. http://bit.ly/2ol5xCb
- "Income Inequality" - What Austrians Understand & Liberals Ignore
- We need to raise rates now to break the addiction before it gets worse: https://t.co/cbqOxxY5nZ
- The latest issue of Silver News features some fascinating technological developments related to silver. http://bit.ly/2xRqo4O
- Epistemological foundation for AE
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.