I had reason to be reviewing some radiocommunications issues this week. The Radcomms Act uses a very vague criterion of the "public interest" at some points.
In the history of radiocomms policy a standout article by Any Rand makes a case for the "property status of the airwaves". In it she directs her invective at this very concept.
"The public interest" -that intellectual knife of collectivism's sacrificial guillotine...
It is a great line - highly effective as rhetoric but ultimately entirely vacuous. After all the "anti-collectivist" position as intellectually advanced is that the public interest is a valid concept, but is best served by everyone acting in their own interest.
Which brings me to my CPRF paper delivered yesterday in which I conclude that there is no evidence that the decline in prices in telecommunications services over the last thirteen years has anything to do with the introduction of competition.
Novae Meridianae Demetae Dexter delenda est