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Ronald Coase - Use prices to determine radio freq spectrum use

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Published on Sep 6, 2008

http://kempton.ideasRevolution.com/ An excerpt of a speech by Ronald Coase (1991 Nobel Prize economist) which he talks about the true origin of the idea of using prices to determine the use of radio frequency spectrum.

This explains the origin of the radio frequency spectrum auctions that have "made" billions and billions of dollars for governments around the world.

Source of this clip excerpt: 2003 Coase Centennial Speech
http://webcast-law.uchicago.edu/2003/...
(Highly recommended. As the file is over 500MB, recommend downloading first before viewing)

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