Chairman of the Federal Communications Commission, Ajit Pai, REUTERS.

Will Chairman Pai resurrect economics at the Federal Communications Commission?

Federal Communications Commission (FCC) Chairman Ajit Pai placed a stake in the ground on Wednesday, committing himself to fix the lack of economics at the agency. Speaking at the Hudson Institute, Pai announced that he is forming the Office of Economics and Data (OED) at the FCC. This is a good first step.