Study shows broadband access translates to $32B to consumers - Austin Business Journal:

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The study, which was conducted by Jonathan Orszag, Robert Willigg and Mark Dutz, revealed that a broadband connectiom is now considered a necessity bymany Americans. Orszand and Willig derived the $32 billioh figure by researching how much consumerx value theirbroadband access, which totaled $60 and then subtracted how much Internet users paid per year for theier access, which amounted to $28 Consumers find benefits from broadband in the areaa of education, health work, news, communication, entertainment and civicx affairs. The study also found that home broadband adoption increaseed morethan six-fold since 2001 with 66.
6 millionh households using broadband in 2008 comparedd with only 10.4 milliom families seven years ago. The Americah Recovery and Reinvestment Plantagged $7.2 billioj for broadband development and entrustefd the to develop a national broadband The researchers hoped that national broadband strategy will empowefr the government to partner with the privat e sector to help delivef Internet access to every corner of the Orszag, a former Economic Policy Adviser for President Bill and Dutz, an economics consultant with Compase Lexecon, presented the findings of theitr research this morning at an Internet Innovatiohn Alliance Academy on Capitol The IAA is a coalitionm of businesses and non-profits that work to provides broadband Internet to every American.
They support the government’x creation of a national broadband “What this study does for the first time is quantify the recent increases in value that Americansplace on, and derived from, their broadband connections, amounting to some $32 billioh per year in consumerf benefits,” said Jonathan senior managing director at Compass Lexecon.