Quote:
Originally Posted by Ari
Dismisses any problems as 'small' just like a proper economist would do (or maybe not, who knows).
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The original Reddit article provides links for the named economists. I followed the Michael Katz link, and what he says is exactly as you described.
Basically, the FCC cites one of his papers, which essentially says that without net neutrality, there will be discriminatory pricing that harms consumers. But the FCC got it all wrong you see, because it's more likely to harm different classes of consumers than the typical FCC narrative. Discriminatory pricing is not more likely to stifle innovation as long as it's low enough bandwidth!
This potentially ignores the incentive an ISP might have to stifle innovation at any bandwidth if it's a high value business that the ISP also has an interest.
This also presumes that economics is the best/only reason to support net neutrality.