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Category Archives: Economics
Understanding MMT: Recommended Video & Audio
For anyone wanting to better understand Modern Monetary Theory (MMT), I’d highly recommend the following: A nearly 2 hour joint presentation (including extended Q&A) at the Columbia Law School by Prof. Stephanie Kelton of UKMC and investor and MMT pioneer … Continue reading
Posted in Economics, Modern Monetary Theory
2 Comments
Freeing Progressives From Their Deficit-Fear Shackles
Since the federal deficit was a central (and, in my view, misguided) focus of both of the two recent political conventions, it seems like a good time to revisit the Modern Monetary Theory (MMT) perspective on the deficit (in what … Continue reading
Posted in Economics, Modern Monetary Theory
4 Comments
Minimizing Competition, Maximizing Extraction
A few things I read recently strike me as good (make that “painful”) examples of how the dominant incumbent ISPs are continuing their quest to minimize competition and thereby maximize financial extraction. The first relates to anti-competitive developments in the … Continue reading
My Broadband Pipe Dream, Part II: How might we get there from here?
Having set the conceptual stage for a “generative” Internet access strategy in Part I of this two-part post, I’d like dig a little deeper here into the “what” and “how.” As I said in Part I, and as suggested by … Continue reading
My Broadband Pipe Dream, Part I: Review & Stage-Setting
In this post I hope to tie to together some threads of analysis explored in earlier posts, with the goal of setting the stage for a follow-up post that will outline what I’ll call my “broadband pipe dream.” So let’s … Continue reading
Wireline Access Tends Toward Monopoly
When we consider questions related to Internet access policy (as I’ve been doing lately on this blog), it’s useful to have a sense of both the economics and historical trends in this key sector of the economy. In this post … Continue reading
Posted in Communication Policy, Economics
Tagged DSL, Internet policy, natural monopoly
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Owning our Networks: Applying Generative Ownership Design to Internet Access
In an earlier post I discussed Marjorie Kelly’s new book “Owning our Future,” which contrasts “extractive” ownership with “generative” ownership. I want to follow up on that post here, with a focus on Internet access, which I’ve been discussing in … Continue reading
From “Extractive” to “Generative” Ownership
I recently read a new book by Marjorie Kelly entitled “Owning Our Future: The Emerging Ownership Revolution. As it’s extended title indicates, the book allows readers to join Kelly on what she describes as Journeys to a Generative Economy. I’d highly recommend … Continue reading