23 Feb Rural broadband: No job creation machine
In a bracing refresher course on why they call economics the dismal science, a gathering of academics Thursday poured cold water on the idea that the new stimulus plan will create lots of jobs and improve the lives of many by wiring rural areas for broadband Internet service.
The gathering was a seminar in Washington sponsored by the business schools of Columbia and Georgetown to assesse the impact of the broadband stimulus.
The upshot was that most of the economists said the ability of broadband to spur economic development in rural areas is difficult to quantify.
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