Thursday, July 08, 2004
Separated at conception?
Susan Crawford is organizing a great, even if not imaginatively titled, conference. Her intro to the first session begins like this:
By the way, Powell is one of the great bloggers that has been invited to Crawford's conference -- and he's one of the few who has not yet accepted.
. . . before the government undertakes regulation it should be able to identify both the market failure or other problem that justifies intervention and its choice of a particular regulatory tool.Just coincidentally, FCC Chairman Mike Powell has started a great blog. Just coincidentally, his first blog entry says this:
Traditionally, the economic justification for government regulation of an industry was market failure such as monopoly, negative externalities, or unmet social goals. Government's role in the marketplace should be limited because markets and entrepreneurs develop innovative solutions far more efficiently than regulators can.Two great minds.
By the way, Powell is one of the great bloggers that has been invited to Crawford's conference -- and he's one of the few who has not yet accepted.
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