Kudos to Larry Darby of the American Consumer Institute for his outstanding new study on the destructive effect of regulation on innovation. Please read it if you are at all interested in innovation.
The study debunks the views of some that government, regulation and regulators are somehow a font of innovation.
After reviewing the relevant literature and evidence on the subject, Dr. Darby concluded that:
- innovation is naturally flourishing without government involvement or micromanagement;
- burdening broadband providers with new common carrier burdens would severely discourage innovation; and
- limiting innovation in one part of the ecosystem would ultimately diminish innovation in the e