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Net Neutrality

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On yesterday’s program, Larry Kudlow ripped into “net neutrality” as one would expect a vigorous free marketeer like LK to do. “Net neutrality” does indeed mean Congressional intervention into the operation of the internet.

Here’s a roundtable/primer on the subject, courtesy of the Wharton School. (HT: Blinq.)

My concern: How are the telecos and their power over the net different from the railroads and their power over the tracks in the 19th century when it comes to their pricing power and their ability to impact commerce via pricing?

My suggestion: Someone ask James Q. Wilson what he thinks.


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