"Deregulate like crazy"
Sat, 28 Jun 1997 20:43:47 +1000
I liked the "Deregulate like crazy" quote. It would seem that the Senate
might not agree.
INFORMATION TECHNOLOGY AND THE WEALTH OF NATIONS
FCC Chairman Reed Hundt says that the information revolution is the key to
increasing world wealth. "If it's possible to have the information
revolution lead to a general elevation in world wealth and a better
distribution of that wealth, then this is a very important thing...People
will vote on the Internet, get an education on the Internet ... watch TV
computers, look for jobs on the Internet and just plain work on the
Internet. Communications technology will alter everyday living from dawn
dusk, top to bottom." What should countries do to get richer faster?
"Deregulate like crazy... Those countries that adopt the competitive model
more quickly will be the ones that get richer faster." (AP 25 Jun 97)
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