Telecompetition: The Free Market Road to the Information Highway
By Lawrence D. Gasman
Book Description
Developments in telecommunications have moved at breakneck speed, bringing the wonders of modern technology to all aspects of our lives. Yet the American people are being deprived of the full benefits of the information revolution because government continues to regulate electronic communications. With the passage of the 1992 Cable Act, the regulatory stranglehold is actually getting tighter.
Gasman's lively and optimistic book shows that bureaucrats have neither the information nor the incentive to intelligently guide the information revolution and therefore the only alternative is the free market.
Telecompetition explains:
- How bureaucrats slow down progress to keep up with it;
- How technological changes are erasing the boundaries between voice, video, text, and data communications;
- Why large telecommunications companies are seldom monopolistic and that electromagnetic spectrum is anything but scarce;
- Why the French Minitel system is not an argument for government subsidies;
- How the Clinton/Gore concept of using tax dollars to build an information superhighway will in fact slow down its development;
- How regulatory harassment will also threaten freedom of speech.
"Telecompetition" is not a luxury; it is an absolute necessity in the modern world. This book is nothing less than a manifesto on behalf of progress.
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About the Authors
aLawrence D. Gasman is a senior fellow in telecommunications at the Cato Institute and president of Communications Industry Researchers.
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What Others Have Said
"Lawrence Gasman's broad-ranging vision of a deregulated, broadband telecommunications market will be realized sooner than many expect. 'Telecompetition' is coming. Gasman's provocative, readable book will help to speed its arrival."
--Peter W. Huber
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