Telecommunications plays an important and growing role in our economy, and therefore the rules and regulations governing the industry will literally shape our economic competitiveness for many years to come. In this unique sector of the economy, federal and state laws create a dizzying complexity that makes it one of the most regulated – and taxed – in Texas. In this report, a free-market perspective is brought to the debate as Texas lawmakers look to overhaul the agency that oversees telecommunications regulation in the state – and therefore the regulations themselves.
The Digital David and Goliath
Last July, 8-year-old Lalani Walton had just returned to Temple, Texas after a road trip with her family. They got home, unpacked their things, and her stepmother promised to take her out for a swim once Lalani cleaned her room. Tired from the trip, her stepmother rested her head and took a quick nap. When...