Coase/CNET

“Property Rights for Spectrum Make More Sense all the Time,” CNET News.com, March 22, 2012. Larry’s controversial article on CNET dusts off Nobel prizewinning economist Ronald Coases’s 1959 essay on the FCC and argues that now, more than ever, the agency’s command-and-control licensing regime for radio frequencies must go. Coase, as usual, was right all along.