Ep. 351 The FCC and the Future of the Internet
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 2 March 2015
⏱️ 25 minutes
🧾️ Download transcript
Summary
What’s wrong with “net neutrality”? Economist Peter Klein joins us to discuss the bad economics behind this fashionable idea.
Articles Mentioned
“Government Did Invent the Internet, but the Market Made It Glorious,” by Peter G. Klein
“The Myth of Natural Monopoly,” by Thomas J. DiLorenzo (PDF)
Episodes Mentioned
Ep. 91: No, Marx Was Wrong (Peter Klein)
Ep. 90: Was Marx Right? (Peter Klein)
Related Episodes
Ep. 333: Could There Have Been an Internet without the State? (Richard Bennett)
Ep. 174: Net Neutrality: A Libertarian View (Berin Szoka)
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Transcript
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| 0:00.0 | In a world of Democrats, there will be time for them to make profits. |
| 0:05.1 | Now's not that time. |
| 0:06.4 | And Republicans. |
| 0:07.9 | I've abandoned free market principles to save the free market system. |
| 0:12.2 | You need a voice of liberty. |
| 0:15.0 | Look no further. |
| 0:16.7 | You've found it. |
| 0:18.5 | Tom Woods. |
| 0:21.2 | Beware, citizen. |
| 0:22.9 | You are now departing from the world of allowable opinion. |
| 0:26.9 | The Tom Woods Show. |
| 0:33.6 | Welcome to the Tom Woods Show, episode 351. |
| 0:56.4 | We're talking about net neutrality today for obvious reasons. The FCC is pushing it, and we want to talk about the economics of net neutrality, and we're going to do so today with Peter Klein, who joins us once again. Peter Klein is the Carl Menger Research Fellow at the Mises Institute. |
| 1:01.8 | He's also associate professor in the Division of Applied Social Sciences at the University of Missouri, where he is also the director at the McQuinn Center for Entrepreneurial Leadership. |
| 1:08.2 | Peter is an adjunct professor at the Norwegian School of Economics and Business |
| 1:12.1 | Administration. He's the author of five books, as well as the editor of others, including |
| 1:17.5 | volumes of the collected works of F.A. Hayek. Peter received his PhD in economics from the |
| 1:23.5 | University of California at Berkeley, studying under Nobel laureate Oliver Williamson. |
| 1:29.9 | So here's my conversation with Peter Klein. Peter Klein, welcome back to the show. |
| 1:35.8 | Hi, Tom. Great to be with you. Last time you were on, we were smacking down Marxism. I can't even |
| 1:42.0 | remember that it must have been some guy had written an article about how Marx was actually pretty cool, contrary to what you rubes think, and we spent two episodes refuting that. I'll link to those in the show notes for today's episode. Today is episode 351, if you can believe that, Peter. So the show notes page will be tomwoods.com slash 351. |
| 2:06.7 | And I will link to your article that you did some time ago about the government and the internet and the private sector making it glorious. |
... |
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