Rent Seeking Never Stops: An Essay on Telecommunications Policy
By James A. Montanye
This article appeared in the Fall 1996 issue of The Independent Review


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
    Fall 2014   The Great Debate: Edmund Burke, Thomas Paine, and the Birth of Right and Left
    Fall 2014   Ambition: A History from Vice to Virtue
    Summer 2013   What Money Can’t Buy: The Moral Limits of Markets
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