Spending on 5G network infrastructure is expected to jump from $528 million in 2018 to $26 billion in 2022, producing a compound annual growth rate of 118 percent. Cumulatively, Moor Insights & Strategy estimates the infrastructure spending on 5G by 2025 will exceed $326 billion. The research firm, Analysis Mason analyzed and ranked ten countries […]
“Investing in a 5G network could lead to $1.2 trillion in long-term consumer benefits.” Click here for the Tech Republic article.
Deployment of next-generation or “5G” networks in the United States is expected to generate $533 billion in U.S. gross domestic product (GDP) and $1.2 trillion in long-run consumer benefits according to a new analysis released today by the American Consumer Institute (ACI). The data serves as the inaugural report for the new “Lost EconomyTM” series, […]
Being an economist, you don’t want me to play medical doctor in order to save you money. Likewise, when doctors write an economic cost study that concludes that doctors do not need to keep up with the latest medical research, I can’t help but think of the potential for intellectual malpractice. There has been a […]
For some state and local governments, the weight of retirement obligations is oppressive. To avoid confessing to a complete disaster, they usually decide to cut benefits available to future employees, because governments can less readily rescind retirement benefits of workers who have already retired. This reduction in promised retirement income happens often enough that the […]
A study by Professor Joseph Fuhr and Steve Pociask “Does Cable Competition Really Work: A Survey of Cable TV Subscribers in Texas?” was published in the peered reviewed journal — Indian Economic Journal (Vol. 55, No. 3).
Mounting evidence shows that onerous state-based price regulation has adverse consequences on insurance markets — increasing industry costs, discouraging market entry and competition, and creating price distortions. This ConsumerGram provides additional evidence that state-based price regulation of automobile insurance tends to increase consumer prices, thereby reducing consumer welfare. These studies suggest that state-based price regulation […]