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July 25, 2024

Four AI Priorities for the EU’s New Political Leaders

Europe's evolving political landscape, marked by recent elections and changing priorities, has significant implications for AI policy. While EU policymakers focus on defense, security, and economic growth, integrating AI could bolster these efforts.

July 24, 2024

“Green” is Not an Economic Growth Strategy

Reorienting economic policy around green growth, as opposed to boosting productivity or ensuring export competitiveness, is not the path to Canadian growth, as Robert Atkinson writes in Re$earch Money.

July 24, 2024

The MAGA Movement We Need: Make America Grow Again

It’s time to set a bipartisan goal to raise median household income to $100,000 in 10 years, which requires boosting growth from 1.2 percent to 2.2 percent per year.

July 24, 2024

Despite High Expectations, FDI Falls for Second Straight Year

Though greenfield investments did not live up to the expectations of last year, updates surrounding business deals spurred by the CHIPS Act and the IRA give reason to believe that we will see a large increase in investments in semiconductors, clean energy, and related industries soon.

July 23, 2024

Bigness: American Dream or Nightmare?

Neo-Brandeisians are weaponizing antitrust against the perceived threat of big businesses, detrimenting American innovation and core values. We must stop this radical antitrust sentiment to maintain America’s economic success and global competitiveness.

July 22, 2024

Fact of the Week: Increased Firm Concentration in South Korea’s Manufacturing Sector Contributed to a 12-fold Increase in GDP From 1972 to 2011

In a working paper published by the National Bureau of Economic Research, Jaedo Choi, et al., investigated the effect of “superstar” firms in South Korea during the so-called “miracle growth period.”

July 22, 2024

The Case for Cracking Down on Large Corporations and Promoting Small Businesses Is Deeply Flawed

A Democratic staff report from the House Small Business Committee claims that small businesses are better for the economy and large firms are harming it. But most of the report’s assertions stem from flawed research, and its policy recommendations would be detrimental.

July 19, 2024

The US-China Tech Conflict Fractures Global Technical Standards: The Case of Semiconductors and the RISC-V Standard

U.S. policymakers are targeting RISC-V, an open-source semiconductor architecture, over concerns about China's influence. Restricting U.S. firms from participating could undermine domestic innovation and competitiveness while benefiting China.

July 18, 2024

The Digital Services Tax Will Not Be Good for Canada

Canada should drop its Digital Services Tax, which will harm Canadian businesses, startups, and consumers and surely lead to a retaliatory response by the U.S. government.

July 15, 2024

Policymakers Should Focus on Turning AI Aspirations into Reality

The recent White House-sponsored conference on AI Aspirations earlier this month provided an optimistic vision for how AI could drive progress in various sectors. The breadth of the topics covered at the conference demonstrated the potential for the public sector to address important societal challenges using AI. With growing awareness of the potential benefits of AI, it is time for the federal government to create a national AI adoption strategy to accelerate its deployment.

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