The Internet, Economic Growth and Governance
Economic Affairs, Vol. 20, No. 1, March 2000
Posted: 18 Jul 2000
The Internet developed largely as a 'spontaneous order' without central co-ordination. Further development will increase the mobility of capital and labour and make tax collection more difficult. Attempts at self-regulation and government regulation are now under way but meddling is likely to be 'wealth destructive and counter productive.'
JEL Classification: E00, L50
Suggested Citation: Suggested Citation