Sizing Up the Creator Economy
The Internet has empowered creators—writers, musicians, filmmakers, and other content creators—to showcase their creativity. The “disintermediation” of traditional publishing houses […]
Policymakers, regulators, and enforcers are grappling with concerns related to the fact that disruptive competition is disruptive. Innovations brought by the tech industry have caused markets to change. While new forms of competition often leave consumers better off, disrupting beloved industries can sometimes be painful. One industry that has come up consistently in this context is the journalism industry, which has been in a decades-long transitional period.
As a policy matter, there may sometimes be a good argument for using government to try to resolve transitional problems related t...
