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ICYMI: In Telecom, A Growing Worry That We'll Become More Like Europe

May 29, 2012 by James K. Glassman

Increased regulation has a negative effect on growth. In his most recent piece at Forbes.com, “In Telecom, A Growing Worry That We¹ll Become More Like Europe”, James K. Glassman examines Europe’s wireless broadband market and makes the case that over-regulation has led to higher prices and lower usage of mobile broadband services and technology across the continent. In the U.S., however, it¹s just the opposite. With less government regulation, the cost of the same technologies and services are much lower, access is wider-spread, and usage is significantly higher. “Europe did get a head start on America with wireless services in the 1990s, but it¹s clear that the U.S. light-touch regulatory model has prevailed,” Glassman says. “The American experience shows that consumers benefit when regulators stand back and let competitors slug it out...Government should avoid Europe-style mistakes and unleash the power of the market, letting Americans themselves decide which businesses win and lose.” Read the full article on Forbes.com here. This post was written by James K. Glassman, Founding Executive Director of the George W. Bush Institute.


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James K. Glassman
James K. Glassman

James K. Glassman is the Founding Executive Director of the George W. Bush Institute and the interim Director of the Military Service Initiative.

He served as undersecretary of state for public diplomacy and public affairs from June 2008 to January 2009, leading the government-wide international strategic communications effort. Among his accomplishments at the State Department was bringing new Internet technology to bear on outreach efforts, an approach he christened “Public Diplomacy 2.0.”

From June 2007 to June 2008, Glassman was chairman of the Broadcasting Board of Governors (BBG). He directed all non-military, taxpayer-funded U.S. international broadcasting, including Voice of America, Radio Free Europe, and Alhurra TV.  Glassman was a senior fellow at the American Enterprise Institute in Washington, D.C., from 1996 to 2008, specializing in economics and technology.

He has been moderator of three weekly television programs: Ideas in Action and TechnoPolitics on PBS and Capital Gang Sunday on CNN.

Glassman has had a long career as a journalist and publisher. He served as president of Atlantic Monthly, publisher of the New Republic, executive vice president of U.S. News & World Report, and editor and co-owner of Roll Call, the Congressional newspaper. Between 1993 and 2004, he was a columnist for the Washington Post and the International Herald Tribune and continues to write regularly for Kiplinger’s Personal Finance and Forbes. Shortly after graduating from college, he started Figaro, a weekly newspaper in New Orleans. His articles on finance, economics, and foreign policy have appeared in The New York Times, The Wall Street Journal, the Los Angeles Times, and various other publications.

Glassman has written three books on investing, and in April 2012 was appointed to the Investor Advisory Committee of the U.S. Securities and Exchange Commission. He was formerly a member of the Policy Advisory Board of Intel Corporation and a senior advisor to AT&T Corporation and SAP America, Inc.

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