Center for the Economics of the Internet

The core requirements for a well-functioning market are the same, whether on or off the Internet: clear property rights, clear contract rights, competition, and an absence of government interference. These simple but powerful ideas are rarely reflected in federal Internet-policy debates, however. Instead, federal agencies generally proceed from an assumption of “Internet exceptionalism”: a view of the Internet in which property rights, contract rights, and competition are unimportant; ordinary principles of economics do not apply; and government has a responsibility to regulate with unusual intensity—and without constraint.

The Internet plays an increasingly central role in American daily life. And the policy challenges it presents us are broad and varied: demands for ever faster broadband service; disincentives and impediments to Internet infrastructure investments; heightened concerns about privacy and the security of personal information; threats to the integrity of commercial transactions on the Internet; and regular controversies over the proper scope and depth of intellectual property rights protections.

Rejecting “Internet exceptionalism” as an ineffective and inappropriate approach to such problems—harmful to business and consumers alike, and corrosive of traditional boundaries separating America’s public and private realms—Hudson Institute’s Center for the Economics of the Internet pursues an energetic program of research and debate intended to highlight the continuing importance and utility of clearly defined property and contract rights in the digital sphere.

Center for the Economics of the Internet Advisory Board
Harold Furchtgott-Roth, Hudson Institute, Founder and Director
Robert M. McDowell, Hudson Institute
Viet Dinh, Georgetown University Law School
Richard Epstein, New York University School of Law
Robert Hahn, Smith School of Enterprise and the Environment, University of Oxford
Jerry Hausman, Massachusetts Institute of Technology
Thomas W. Hazlett, George Mason University School of Law
Bruce Owen, Stanford Institute for Economic Policy Research, Stanford University
Greg Sidak, Criterion Economics
Christopher S. Yoo, University of Pennsylvania Law School

Policy Center News

August 16th, 2016

Harold Furchtgott-Roth quoted in Deadline on the U.S. government spending millions to fund a CBS Kids show about postal inspectors

May 12th, 2016

Harold Furchtgott-Roth’s event with software entrepreneur Alan Dabbiere written up in Opportunity Lives

January 11th, 2016

Harold Furchtgott-Roth quoted in Washington Examiner on the FCC’s ruling that broadband providers are not entitled to First Amendment protections because they are “conduits, not speakers”

October 29th, 2015

A Hudson Institute white paper on why the Copyright Office should be removed from the Library of Congress featured in The Hill

May 21st, 2015

Harold Furchtgott-Roth’s report on tuners featured in Daily Caller

April 20th, 2015

Robert M. McDowell’s letter to the editor on net neutrality published in the New York Times

March 12th, 2015

Robert McDowell quoted in LA Times on the consequences of the FCC’s net neutrality ruling

March 12th, 2015

Harold Furchtgott-Roth quoted in NewsMax Finance on the FCC’s net neutrality ruling

February 26th, 2015

Rob McDowell quoted in National Journal on the increasing politicization of the FCC