In the wake of this week’s takeover of the internet by the FCC, paleolibertarian economist Gary North points to a 2013 Economist article reporting that the government of China employs 100,000 government workers to monitor and regulate Chinese internet users. (We think that number is probably quite low.)
Gary North writes today that “The FCC is not in a position to hire 100,000 bureaucrats.”
North continues: “The genie is long out of the bottle. . . . The Internet has stayed ahead of all regulators. It will continue to do so.”
“The essence of bureaucracy is this combination: lack of innovation, lack of courage, lack of vision, lack of long-term planning, and lack of collective IQ.
Government is dumb.”