Many say the decline in new business formation over the past 30 years has been caused by increased monopoly. But there is no statistical relationship between start-up creation and change in concentration by industry; high-growth start-up activity is healthy.
June 3, 2019
Fact of the Week: New Data Shows 30 Percent of the Value of U.S. Imports From Mexican Manufacturers Originates in the U.S.—67 Percent Higher than Previous Estimates
As trade has globalized, it has become increasingly rare for goods to be produced entirely by any single nation. An import to the U.S. is likely to contain value produced in several countries, including in the U.S. itself. This presents a significant challenge to measuring the actual value created by any one nation. But a detailed analysis of Mexican customs data has revealed that U.S. exports to Mexico are disproportionately likely to return to the U.S. rather than stay in Mexico or be sold elsewhere.
May 28, 2019
Fact of the Week: Danish Firms Increased Domestic Tech Employment by 40 Percent For Every 10 Percent of Production They Outsourced
Offshoring is widely maligned for reducing manufacturing employment in advanced economies. However, by lowering costs and utilizing global value chains, firms that outsource can afford to increase their investments and funding for higher-productivity jobs, making the overall economic implications less clear.
May 20, 2019
In an article for American Affairs, Rob Atkinson and Michael Lind explain why national developmentalism should guide American economic policy at home and abroad.
May 6, 2019
Fact of the Week: Ethiopian Youth Given $300 Start-up Grants at Random had 36 Percent Higher Wages After one Year, but no Effect After Five Years
When attempting to evaluate the effect that a policy intervention can have on development or innovation, researchers and policymakers routinely look to short-term impacts, both out of urgency and because of the difficulty in maintaining contact with participants over several years.
December 11, 2018
What should we make of large corporations today? Of all that can be said about large corporations—statistics, anecdotes, trend lines, and historical comparisons—which are the facts that matter most, and how should policymakers respond? Join ITIF for a spirited debate moderated by CNN's Lydia DePillis between ITIF President Robert Atkinson and Columbia University Law Professor Tim Wu on the role and influence of big business in today’s economy and society.
December 1, 2018
As Rob Atkinson writes in The Hill, the empirical evidence shows that the current panic around the supposed growth of “monopolies” in the U.S. economy is vastly overstated.
November 9, 2018
It has become widely accepted in the last several years that there has been a massive increase in income inequality in America, said to be behind the rise of populism on both the right and the left. It’s a compelling narrative, but is it borne out by evidence or simply accepted as true because it is a constant refrain?
October 30, 2018
In an explainer for RealClearPolicy, Joe Kennedy outlines how current antitrust principles remain capable of dealing with most threats to competition.
October 10, 2018
As Rob Atkinson and Michael Lind write for Bloomberg, progressives should abandon their battle against big companies like Amazon and push Congress to pass a higher national minimum wage that applies to all employers.
October 4, 2018
There is no legitimate case for abandoning a 40-year-old consensus on how to apply antitrust policy in favor of a vague, hard-to-enforce alternative that represents an amalgam of conflicting goals, some of which would work against economic progress and the national interest.