Changes in U.S. telecommunications policy over the past two decades, culminating in the Telecommunications Act of 1996, have come to be regarded as the triumph of economic reason over regulatory chaos, whim, and incoherence. Public choice theory, however, suggests that telecommunications policy has been guided not by economic reason but by the self-interest of government decision-makers.


Other Independent Review articles by James A. Montanye
    Summer 2018   Digital Revolutions in Public Finance
    Winter 2016   Does Altruism Exist?
    Fall 2014   The Great Debate
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