Physics, Economics, and Telecom Regulation

Deck: 

Strange Bedfellows

Fortnightly Magazine - July 2021
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With current proposals for the federal government to spend a hundred billion dollars subsidizing broadband deployment, a debate has broken out on whether to allow any of the funding to be spent on municipal broadband systems. To resolve that debate, I suggest looking to physics and economics. Let me start with the physics.

Physics incorporates a wave-particle duality for light. Light acts in some ways like a wave, and in other ways like a particle. In some aspects of telecom regulation, in contrast, there is a binary choice. For example, a service can either be a telecommunications service, or an information service, but it cannot be both. 

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