A new study on the economic impact of bonus depreciation for investment in machinery and equipment has been getting attention because of its conclusion that the incentive is not only wasteful, but harmful. In reality, nothing could be further from the truth.
Publications
February 21, 2019
Proceed With Caution When Considering New, Flawed Study on the Economic Impact of Bonus Depreciation
February 14, 2019
While many pundits claim monopoly is the scourge of the U.S. economy, Rob Atkinson writes that the airline industry demonstrates why this narrative is wrong.
February 13, 2019
In testimony before the House Energy & Commerce Subcommittee on Communications and Technology, Doug Brake spoke in favor of the T-Mobile and Sprint merger on the grounds that it would bring about a better future for American businesses and consumers compared to one where each company attempted to continue alone.
February 11, 2019
Both EDPS and CPDP have paid a lot of lip service to the importance of ethics. It is time to turn those words into actions and be clear about where it stands on an inappropriate and offensive recent statement by Giovanni Buttarelli.
February 8, 2019
ITIF has filed comments with the U.S. Consumer Financial Protection Bureau (CFPB), regarding its proposed rules for no-action letters and the product sandbox. CFPB should use these policies to facilitate experimentation in financial services.
February 8, 2019
The Green New Deal won’t solve the climate crisis. Until low-carbon energy is cheaper than high-carbon energy for the bulk of the globe’s energy needs, the pace of global emissions will not slow down very much.
February 7, 2019
The Washington trade and economics establishment has largely dismissed the threat Chinese innovation mercantilist practices pose to the U.S. economy, jobs and national security. The threat is serious, and China needs to be confronted, Rob Atkinson writes for the Washington Post.
February 5, 2019
As Eline Chivot and Daniel Castro write for Euronews, Europe will not win the global AI race by philosophizing on the sidelines. Instead, it needs to focus on putting in place the investment, skills, data, and regulations needed to outcompete China.
February 4, 2019
Focusing on mitigating speculative concerns about AI will limit its development and adoption. Policymakers should instead encourage innovation while crafting targeted solutions for specific problems if they occur.
February 1, 2019
After some uncertainty over whether the shutdown would force a delay, the DC Circuit Court heard oral arguments Friday morning in what will be at least the fourth major case in the net neutrality saga.