The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to…
For years, the world saw the Internet as a creature of theU. S. Department of Defense. Now some claim that the Internet is aself-governing organism controlled by no one and needing nooversight. Although the National Science Foundation and othergovernment agencies continue to support and oversee criticaladministrative and coordinating functions, the Internet is remarkablydecentralized and uninst…