The Canadian government undertook a project to estimate the value of the nation’s data, finding that in 2018 the total stock of data was worth between $118 billion and $164 billion.
Articles, Op-Eds, & Blogs
August 14, 2020
Failing Toward Success: The Mothballing of Petra Nova Carbon Capture Demonstration Project Is a Teachable Moment
When the world’s first carbon capture facility on a coal-fired power plant came online in Texas in 2017, it was touted as a big step toward transforming the dirtiest fossil fuel into a low-carbon power resource. Now, it’s been labeled “a nightmare for unsuspecting investors” and a “warning sign” for the industry. What happened?
August 13, 2020
Five Reasons State Attorneys General Are Misguided in Their Call to Apply March-In Rights on Remdesivir
Thirty-two state attorneys general have called for applying Bayh-Dole march-in rights on the only widely available therapeutic that has been FDA-approved for emergency use in treating coronavirus. They are wrong on both the facts and the law. As worryingly, their move threatens to undermine an effective environment for U.S. life-sciences innovation.
August 11, 2020
Much of our system for delivering legal rights, disability protection, pensions, and health insurance is built on the traditional employer/employee model in which workers give up control over how and when they work and employers provide both pay and benefits. This model ties workers to their employers and leaves little space for those who do not want to fit into the traditional mold. We need a better system.
August 10, 2020
Fact of the Week: Counties That Received Large Public R&D Investments in WWII Went on to Produce 30 Percent More Patents in 1970
A new study finds that prior to the war, patenting in counties that received large amounts of OSRD funding had been in line with other counties, but then they diverged significantly, increasing patenting by 30 percent in 1970 relative to other counties.
August 10, 2020
The Australian government released a draft mandatory code of conduct that would force tech companies like Google and Facebook to pay news publishers for displaying their stories, following in the misguided footsteps of multiple European countries that have attempted similar regulations.
August 7, 2020
Once Again Shooting Ourselves in the Foot: Banning Trade With WeChat Parent Tencent Only Hurts the U.S. Economy
The possible prohibition on U.S. companies selling to Tencent, owner of WeChat, or using its services to sell their own products in China does nothing to protect the security or privacy of Americans. It only harms U.S. companies and jobs.
August 7, 2020
A growing number of policymakers want to reform Section 230 of the Communications Decency Act, which states that online services are not legally responsible for content their users post, but the latest proposal under the spotlight still misses the mark.
August 3, 2020
Fact of the Week: A 10 Percent Increase in Entrepreneurship in Traded Industries Decreases Poverty by 2.2 Percent
A new study examining the poverty and rates of entrepreneurship in every Metropolitan Statistical Area in the U.S. from 2005 to 2015 finds that a 10% increase in an area's entrepreneurship in traded industries reduces its poverty rate by an average of 2.2%.
July 29, 2020
Today anytime anyone wants to delegitimize any company or industry for any reason, it’s enough now to note that the company or industry in question is seeking to make a profit.