Let over-the-air broadcasting die
Thomas Hazlett (whose book, Economics in One Easy Lesson I recommend to all) has a great post on the idiotic regulation around broadcast television. All of it, I might add, was done in the name of the public good, at the behest of activists and industry lobbyists, and is supported by the same folks for the same reasons today. (Update: Jane Galt points out that I have confused Henry Hazlett -- who actually wrote the book -- with Thomas Hazlett. Henry has passed away).