The TikTok Debate Should Start With Reciprocity; Everything Else Is Secondary
Defending Digital Series, No. 16: The recent congressional hearing about TikTok was a missed opportunity to insist that U.S. and Chinese companies be treated equally in both nations.
Europe’s Cloud Security Regime Should Focus on Technology, Not Nationality
The EU’s new cloud cybersecurity regime should focus on good security practices, as the U.S. FedRAMP regime does. Emulating China’s protectionist focus on firm nationality is a bad security practice that weakens transatlantic influence over cybersecurity issues globally.
The Economics of Biopharmaceutical Innovation: Symposium Report
Investments in biopharmaceutical innovation and expenditures on medicines themselves both produce tremendous societal returns. Maintaining the robust innovation ecosystem necessary to capitalize on these benefits requires the right mix of “push” and “pull” incentives.
Industry Disruption Isn’t Accelerating; It’s Shifting to the Physical World
Defending Digital Series, No. 15: While ChatGPT and generative artificial intelligence have great potential, predictions of ever-increasing digital disruption thus far have proven to be false. Looking ahead, the most significant societal shifts won’t be driven by digital technology; they will stem from the demands of the physical world.
Building on Uncle Sam’s “Beachfront” Spectrum: Six Ways to Align Incentives to Make Better Use of the Airwaves
The federal government controls large swaths of the electromagnetic spectrum, but the current system for managing it lacks effective ways to incentivize agencies to use it efficiently. Congress and the Biden administration should promote good stewardship of spectrum and better enable it to power both federal missions and the commercial wireless ecosystem.
The Cost of Data Localization Policies in Bangladesh, Hong Kong, Indonesia, Pakistan, and Vietnam
Restrictive data policies coming into effect in Bangladesh, Hong Kong, Indonesia, Pakistan, and Vietnam will measurably increase import costs and reduce trade volumes, undermining the broader economic role of data. Policymakers should change course or else be left behind in the race for digital development.
Click Here for Adderall: Fixing Telehealth Advertising and Services To Prevent Stimulant Misuse
Policymakers should both make permanent many of the COVID-19 era policies that allow medical providers to see patients remotely and enact provisions allowing for the practice of telemedicine over state lines. However, policymakers should also take further steps to ensure that telehealth providers offer and abide by the same standard of care as in-person treatment.
History Shows How Private Labels and Self-Preferencing Help Consumers
Private label products have been important for consumers and the economy since the 19th century because retailers can sell them at lower prices with greater efficiency than brand-name alternatives. Legislation that prevents retailers from putting their own products front and center—either online or on store shelves—would jeopardize those benefits.
How to Mitigate the Damage From China’s Unfair Trade Practices by Giving USITC Power to Make Them Less Profitable
Section 337 of the 1930 Tariff Act allows the U.S. International Trade Commission (USITC) to bar imports when domestic industries suffer harm due to unfair competition. Congress should expand the law to better address the unfair trade practices China uses to capture market share in advanced industries at America’s expense.
Why Congress Should Restore Full Expensing for Investments in Equipment and Research and Development
The tax law allowing firms to fully expense their research and development (R&D) costs expired at the end of 2021, and full expensing of equipment costs will begin phasing out in 2023. This decreases firms’ incentive to invest in these key drivers of economic growth and competitiveness. Congress should restore and make permanent full expensing for these investments.
The Effect of International Proposals for Monitoring Obligations on End-To-End Encryption
European and U.S. policymakers have proposed imposing monitoring obligations on Internet intermediaries to improve online safety. Despite their best efforts, these proposals risk undermining users’ privacy by eliminating the use of end-to-end encryption. Therefore, policymakers should not pursue them.