Articles, Op-Eds, & Blogs

March 25, 2021
In 1888, a political activist and author named Edward Bellamy published a classic book titled Looking Backward 2000-1887, in which he pictured a future—our present time—when technology companies administered the regulatory state would ensure people live in peaceful abundance. Today’s populists, including some top regulators, have revived Bellamy’s dystopian view.
March 24, 2021
Many argue that spending on physical infrastructure (roads, bridges, water systems, etc.) drives long-term economic growth. But is this really true, especially when compared to other kinds of public investments?
March 22, 2021
Migrants to the U.S. are more likely to choose academic careers, and among those who choose academic careers, migrants to the U.S. are more productive than stayers.
March 19, 2021
At a time when leading U.S. companies are being unfairly raked over the coals for protectionist purposes by governments from Beijing to Brussels, the FTC should be pushing for legally binding global rules to bring coherence and order to international competition law.
March 19, 2021
If the United States is to stay ahead of China militarily and technologically, it will need to put in place a new national innovation system that focuses on making U.S. advanced technology leadership—in both innovation and production—the central organizing principle of U.S. economic and national security policy.
March 17, 2021
The country needs a grand bargain on data privacy legislation that empowers consumers but also reduces regulatory burdens.
March 16, 2021
This represents a perilous moment. Attempts to turn antitrust into a populist tool to dismantle large corporations will yield slower growth in living standards, static wages, and weak competitiveness.
March 15, 2021
As hard as it is to believe, there was a time—before the New Deal—when economists were largely treated like any other interest group, occasionally saying something interesting, but usually ignored
March 15, 2021
the core challenge now for the Korean innovation economy is to fully make the switch from being a “fast follower” (an economy in which firms are not on the global leading edge of innovation, but rapidly copy the leaders) to being a global innovation leader.
March 15, 2021
Public support for R&D is critical to bridge the gap in incentivizing technological progress. Three Portuguese economists examined the investment impact of tax incentives for “intangible investments,” another term for non-physical investments that increase productivity, such as human capital, software, and innovation.