The recently enacted $7 billion broadband stimulus plan presents a unique opportunity to learn what kinds of broadband subsidies can make a difference, Technology Policy Institute Vice President for Research and Senior Fellow Scott Wallsten explains in a new article.
Press Releases
ICANN Should be Reformed Before “Privatization”
The Internet Corporation for Assigned Names and Numbers (ICANN) has control over extremely important aspects of the Internet, but is largely accountable to no one, according to a new study coauthored by Thomas M. Lenard and Lawrence J. White. ICANN’s governance structure should be dramatically reformed to make it more accountable before the current tie with the U.S. Department of Commerce is allowed to expire. Lenard is President and Senior Fellow at TPI; White is Professor of Economics at the NYU Stern School of Business.
Wallsten Universal Service Testimony
On March 12, 2009 TPI Vice President for Research and Senior Fellow Scott Wallsten testified before the House Energy and Commerce Committee, Subcommittee on Communications, Technology, and the Internet on reforming the universal service high cost fund. Subsidies from the high-cost fund to rural telecommunications providers have increased from $1.7 billion in 1999 to nearly $5 billion today. Wallsten recommended moving from the current inefficient system to one that awards subsidies through competitive bidding. Such reverse auctions for universal service have been used successfully in other countries and could reduce subsidies and benefit consumers.
New Study Shows Positive Fiscal Effects of Loosening Green Card and H-1B Caps
Lifting restrictions on high-skilled immigration would reduce the federal deficit, according to a new study by TPI senior fellow Arlene Holen. The new study will be discussed at a March 10 TPI conference at the National Press Club from 12-3. Representative Zoe Lofgren (D-CA) will deliver a keynote address. The conference agenda and registration information can be found here on our website.
March 10th Event: High-Skilled Immigration: Budgetary and Economic Effects, Zoe Lofgren Keynote Speaker
Immigration is a contentious issue, particularly in an economic downturn. But even now, employers in critical sectors ranging from information technology to finance are seeking highly skilled immigrants. These workers are in limited supply because foreign applicants face stringent caps on green cards and temporary work visas. Legislators and other policy makers need to make decisions on this issue on the basis of the overall effects of high-skilled immigrants on economic growth and innovation, the wages and employment of domestic workers, and the effects on government budgets, which are less well understood.
Paul Rubin on Instant Info as a Two-Edged Sword
TPI senior fellow and Emory University professor Paul Rubin writes in the Wall Street Journal that, while the Internet has greatly increased the efficiency of markets, it may also have facilitated the formation of bubbles. He suggests that “regulators have a difficult task: It will be very hard for them to eliminate the downside of the Internet and other improvements in financial markets without simultaneously eliminating the benefits.”
New Publications of Note
The Technology Policy Institute has posted three new Publications of Note by outside authors on subjects of interest to our audience:
- Tim Brennan, ‘Night of the Living Dead’ or ‘Back to the Future’? Electric Utility Decoupling, Reviving Rate-of-Return Regulation, and Energy Efficiency
- Bronwyn Howell, The End or the Means? The Pursuit of Competition in Regulated Telecommunications Markets
- Andrea Renda, I own the pipes, you call the tune: The net neutrality debate and its (ir)relevance for Europe
TPI Study to Examine Fiscal Benefits of Highly Skilled Immigrants
The Technology Policy Institute announced today a new research project that will delineate the budget and economic benefits provided by highly skilled immigrants working in the United States. TPI’s research will be underwritten by a grant from the Ewing Marion Kauffman Foundation, the largest private-sector funding source for economic research in the United States.