The Scarcity Rationale for Regulating Traditional Broadcasting: An Idea Whose Time Has Passed

This paper concludes that the Scarcity Rationale for regulating traditional broadcasting is no longer valid. The Scarcity Rationale is based on fundamental misunderstandings of physics and economics, efficient resource allocation, recent field measurements, and technology. It is outmoded in today’s media marketplace.  Perhaps in recognition of the Rationale’s flaws, many variations of it have been attempted, but none fares much better under sensible, factual analysis.

Filed Under: Fairness Doctrine, Research, Fairness Doctrine, Fairness Doctrine

Do Public Funding Programs Enhance Electoral Competition?

For the first part of this study, the authors examine Maine and Arizona, the states that have already enacted “clean election” laws, or taxpayer financed campaigns.  They ask the questions: “Does public financing work?” and “Does it achieve the goals that are put forth as justification?”   The authors also analyze the four arguments advocates of public financing often rely on.  The authors first explain why public funding would work, in theory; followed by why it does not fully work.  They do this by addressing the congressional reports, campaign finance legislation and data on electoral competition.

Filed Under: Research, Tax Financed Campaigns Research, Tax-Financing, Taxpayer Financed Campaigns, f, Taxpayer Financed Campaigns, Arizona, Maine