Me at Mises.org on net neutrality

Mises.org re-published my recent net neutrality blog post. I edited it a bit—it’s a little cleaner now. I also added a quote from Marc Andreesen:

A pure net neutrality view is difficult to sustain if you also want to have continued investment in broadband networks. … If you have these pure net neutrality rules where you can never charge a company like Netflix anything, you’re not ever going to get a return on continued network investment — which means you’ll stop investing in the network. And I would not want to be sitting here 10 or 20 years from now with the same broadband speeds we’re getting today.

The fundamental economic problem with net neutrality is that government erroneously purports to know how much internet service providers ought to be charging.

The confusion stems from the status of the ISP market as a state-enabled oligopoly.

Is it right to combat one problem of intervention (ISP oligopoly) with another intervention (net neutrality)? I think not.

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