Spectrum flexibility

An interesting speech on spectrum flexibility from earlier this year by Harold Furchtgott-Roth. Among other things, it briefly addresses the common feeling that “Government needs to work with business to find a solution for spectrum.”

That’s nice, if you are one of the businesses invited to discuss the issue. Conversations can only accommodate a finite number of speakers, and most businesses can never be accommodated in such a manner, to say nothing of private individuals. Government selection of winners and friends is not part of the necessary conditions for a Coasian world.