Quote Of The Day
Over at Reason: Hit & Run, Nick Gillespie on the regulation of the internet:
One trend that’s making a comeback with the Obama ascendancy is the need for smart folks not to regulate the Net per se, but to, you know, come up with better rules that will help make sure that everything that’s so super-duper about cyberspace stays that way
A classic argument for regulation is when something in the structure of the market leads to negative consequences. In the case of the internet, that’s not a valid argument*, because the internet is extremely dynamic, quite popular, and constantly meeting new needs of its users.
So what’s the argument for regulating the Internet? “If we don’t regulate now, it could become a lot worse!” Oooh, scary! I happen to believe that if you regulate now, you’re guaranteed to make it worse.
* PS – There is the argument, in the case of porn, that the internet could be a trafficking engine for illegal and deplorable content. Whether you believe that is just cause for regulation of the ‘net is a different argument, and one I’d like to suspend from this discussion.