What should the fifth U.S. economic recovery package look like? Rob Atkinson's op-ed in American Compass explains that it must address both the short-term and long-term health of the economy.
Publications: Robert D. Atkinson
July 20, 2020
Lawmakers should structure a new recovery package to address the short-term economic contraction while also effectively laying the groundwork for more robust long-term recovery, growth, and competitiveness.
July 11, 2020
To shift the U.S. economic policy towards enterprise, policy makers on both sides of the aisle must focus on productivity and competitiveness.
July 10, 2020
The COVID-19 pandemic has created a stark economic divide between jobs that can be done with little or no in-person interaction and those that cannot. The question is how to shift more jobs to the former category, and thereby increase stable employment while improving safety. The answer is by investing in automation.
July 8, 2020
Despite massive job losses for the overall economy, a number of occupations actually expanded employment over the last year. And in many of these, women comprise a higher share of total workers.
July 7, 2020
AI detractors believe the potential risks of AI outweigh the benefits. But this ignores the overwhelming examples of how AI is having a positive impact in many areas of the economy and society. If EU policymakers want to foster rapid development and adoption of AI they should follow the innovation principle which says that when technological innovations benefit society and pose modest and not irreversible risks, government’s role should be to pave the way for widespread innovation while building guardrails, where necessary, to limit harms.
July 2, 2020
While economic policy should do more to reduce income inequality and Congress should seriously consider world-class worker training and adjustment assistance programs, our nation is doomed to second-class status if we cannot support all forms of productivity, including worker-replacing automation.
June 22, 2020
How China’s Mercantilist Policies Have Undermined Global Innovation in the Telecom Equipment Industry
China’s state-backing of Huawei and ZTE allowed these companies to seize global market share from more innovative international competitors, reducing their growth in sales and investments in R&D. This, in turn, hurt global innovation in the industry.
June 18, 2020
If there are cases of companies abusing the L-1 process, such as using it instead of the H1B visa (for which there are caps) then Immigration and Customs Enforcement should penalize the guilty companies, although these cases appear to be quite limited. But cutting off the program entirely will only hurt the U.S. economy.
June 12, 2020
COVID-19 has imposed terrible health and economic costs on the world. But if governments invest wisely in technology and innovation in response, they can help move their economies and societies forward.