Network Neutrality — Without Regulation 351
boyko.at.netqos writes "Timothy B. Lee (no relation to Tim Berners-Lee), a frequent contributor to Ars Technica and Techdirt, has recently written 'The Durable Internet,' a paper published by the libertarian-leaning CATO institute. In it, Lee argues that because a neutral network works better than a non-neutral one, the Internet's open-ended architecture is not likely to vanish, despite the fears of net neutrality proponents, (and despite the wishes of net neutrality opponents.) For that reason, perhaps network neutrality legislation isn't necessary — or even desirable — from an open-networks perspective. In addition to the paper, Network Performance Daily has an interview and podcast with Tim Lee, and Lee addresses counter-arguments with a blog posting for Technology Liberation Front."
In Other News... (Score:5, Informative)
Another paper by the libertarian-leaning CATO institute also said this: Banks, financial lenders, and mortgage providers "work better" if they are responsible and provide only secure financial investments, and are therefore not likely to enter a worldwide financial meltdown. For that reason, financial oversight legislation is neither necessary nor desirable. QED.
human nature (Score:2, Informative)
Internet service in Ontario (Score:4, Informative)
So, it's a nice theory, but Ontario (and most of eastern Canada) disproves it nicely.
Re:In Other News... (Score:2, Informative)
Or, more likely.....
These very same banks were required, by regulation, to provide bad loans.
And also....
These loans were mostly all bought by Freddie and Fannie, with the assumption that no matter how bad their decisions were, the government would spend any amount of taxpayer money to keep these quasi-private companies alive. Funny how that works. Perhaps the government shouldn't be in the mortgage business.
Re:human nature (Score:2, Informative)
CATO Institute: Corporate Anarchists (Score:2, Informative)
The CATO Institute [wikipedia.org] is "libertarian" the way that "libertarian" is "corporate anarchist". They oppose people creating governments to protect their rights, because those governments get in the way of corporate power to exploit those people.
Re:In Other News... (Score:5, Informative)
Except that they weren't. Stop repeating these republican blogosphere lies.
Re:In Other News... (Score:5, Informative)