^{Democracy & Technology Blog} Singing our tune

Hal Singer of Criterion Economics has a good article opposing Net Neutrality in the current Cato Institute journal Regulation:

With the advent of streaming video and other bandwidth intensive applications, the demand for bandwidth is projected to overtake the existing supply quickly. Regulators and legislators should not interfere with a broadband service provider’s ability to manage this “coming exaflood” with intelligent networks. At best, the price of Internet service will skyrocket if broadband service providers can meet the coming traffic using only expanded infrastructure. At worst, the Internet experience for all users will deteriorate. Given the tremendous uncertainty over the future of the Internet and the need to encourage innovation and investment, it seems dangerous to interfere with heavy-handed regulation at this juncture.