As Rob Atkinson writes in National Review, increasing productivity cuts costs, which are passed on to consumers and workers through lower prices and higher wages.
Articles, Op-Eds, & Blogs
July 25, 2019
July 24, 2019
The net result of this legislation would be to increase support for research by start-ups without breaking the link between the credit and actual taxes paid. This should significantly bolster the U.S. innovation ecosystem.
July 24, 2019
Empêcher l’accès des individus à une information précieuse sur leur propre héritage génétique, potentiellement essentielle à leur santé et économiquement bénéfique, semble injustifiée et rétrograde.
July 23, 2019
Taiwanese taxi firms are pushing for regulation that would force ride-sharing platforms out of the market. As Joe Kennedy writes in the Taipei Times, policymakers should allow them to compete.
July 22, 2019
If the history of automation teaches us anything, it is that while automation can temporarily displace some workers it also raises living standards for society by reducing costs, improving quality, and allowing people to concentrate on higher-value work.
July 18, 2019
As Joe Kennedy writes for the Providence Journal, there are four core principles policymakers should keep in mind when directing antitrust scrutiny toward Internet companies.
July 15, 2019
Fact of the Week: Manufacturing Contributed 14 Percent of U.S. Economic Growth From 1987 to 2016, but it has Been Contracting Since 2007, Such That is now Reducing Growth by 1 Percent
Manufacturing’s smaller role in the U.S. economy is hotly debated, with many blaming automation for its demise. But analysis of a recently expanded BEA and BLS dataset demonstrates both how stark manufacturing’s decline has been and that fears of automation are largely misplaced.
July 12, 2019
With China becoming more assertive, one might think Taiwan would feel the need to increase productivity and innovation, including by working more closely with U.S. companies. Apparently not.
July 8, 2019
Fact of the Week: The Chinese Government Provided Approximately $132 Billion in Export Financing in 2018
Until the last decade, major nations primarily provided financing to domestic exporters only as a lender of last resort. Since then, official medium- and long-term export crediting has more than doubled from $55 billion in 2008 to $129 billion in 2018.
July 1, 2019
Fact of the Week: Equipping Trains With Real-Time Positioning Systems Allows for Dynamic Speed Requirements, Which Reduces the Average Delay by up to 42 Percent
Trains have traditionally relied on signals from human dispatchers to determine their speed. However, large disparities in the speeds that different trains can travel causes significant inefficiencies in this process. New analysis of Southern California’s rail network has found that new positive train control technology can dramatically improve efficiency.