Economic Theory

Korea Should Participate in Proposed Indo-Pacific Economic Framework
The United States and Korea could align collaborative international development aid/assistance, development finance support, and export credit initiatives to encourage nations to select digital technologies, solutions, and platforms from vendors in like-minded nations.
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Economic Theory
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May 2, 2022
Antitrust Bills Under Fire From Former Chief Economists
The best way to regulate competition and enforce antitrust to prevent anticompetitive conduct remains the judicial process: Judge-made law better preserves adherence to the rule of reason, efficiency considerations, and, more generally, to the rule of law, which provides greater legal certainty. In other words, the enforcement of antitrust laws ought to remain predominantly dynamic, using the evolutionary process of the court system.
April 21, 2022
Korea Should Participate in Proposed Indo-Pacific Economic Framework
The United States and Korea could align collaborative international development aid/assistance, development finance support, and export credit initiatives to encourage nations to select digital technologies, solutions, and platforms from vendors in like-minded nations.
April 14, 2022
An Industrial Policy Won’t Hurt You
It is important for conservatives to recognize that China poses a critical threat to America’s future and that we need a strong, technologically vibrant economy to respond. This in turn requires a national industrial policy.
April 11, 2022
Why America Should Compete to Win in Advanced Industries
Until a significant share of America’s leaders believes the United States is in economic competition with other nations—and that it has a right and duty to win that competition—generating the political will for a national advanced-industry strategy will be difficult.
February 9, 2022
Dignity in a Digital Age: Making Tech Work for All of Us
There is much to like about Rep. Khanna’s agenda, especially as it relates to stronger federal support for helping disadvantaged workers and regions, spurring greater levels of technological innovation, and raising taxes on the wealthy. It would be nice if voters could have that without a heaping helping of anticorporate regulation, which would hurt innovation, economic growth, and U.S. competitiveness.
February 7, 2022
Weaving Strategic-Industry Competitiveness Into the Fabric of U.S. Economic Policy
Meeting the challenge of China’s mercantilist, state-directed economy will require much more than piecemeal competitiveness initiatives, as important as they are. It is time to incorporate a competitiveness focus into most if not all major areas of U.S. policy affecting the economy.
January 11, 2022
What a National Strategic-Industry Policy Should Look Like
ITIF hosted a discussion of what a robust national strategic-industry policy should—and should not—entail.
January 3, 2022
2022: The Year of Strategic-Industry Realism?
Congress can get things done when they are seen as broadly in the national interest. Now is the time to shore up the competitive position of key strategic industries so America can continue to be the leading global power and outcompete China militarily, economically, and technologically.
December 6, 2021
Fact of the Week: A 10-Percentage-Point Increase in Concentration Corresponds to a 2.3 Percent Reduction in Industry Prices
Widely adopted intangibles help lower firms’ marginal costs, which helps consolidated firms pass along lower final costs to consumers.
December 2, 2021
Big Businesses Power Our Economy—We Should Not Be Discriminating Against Them
If Canada wants a growing, competitive economy with higher productivity and wages, policymakers need to recognize the critical role that large businesses play.

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