The reality is that a higher minimum wage would boost productivity growth for the simple reason that when the price of labor is high, the return on investments in labor-saving technology is higher.

Publications
February 19, 2021
It may pave the way for other states follow, but Maryland’s digital tax will not prove to be a way out of the crisis. It will only make the crisis linger.
February 18, 2021
Stephen Ezell and Jaci McDole presented about Intellectual Property’s Impact on Global Health and Life-sciences Innovation to students at the University of Akron Law School on February 18, 2021.
February 18, 2021
The most important thing to understand is that U.S. policy will not return to the status quo that existed before President Donald Trump.
February 18, 2021
China’s mercantilist strategy to grab market share in the global semiconductor industry is fueling the rise of inferior innovators at the expense of superior firms in the United States and other market-led economies. That siphons away resources that would otherwise be invested in the virtuous cycle of cutting-edge R&D that has driven semiconductor innovation for decades.
February 18, 2021
The COVID-19 pandemic has wrought tremendous dislocations upon the global economy and society, and in recent weeks yet another impact has started to emerge: a shortage of certain semiconductor chips affecting a range of industries from automobiles to consumer electronics.
February 16, 2021
ITIF filed comments supporting an expansion of the E-Rate program to help address the homework gap during the pandemic.
February 16, 2021
Taxing digital advertising is discriminatory. Why not tax highway billboards, TV ads, or newspaper ads? The obvious answer is that lawmakers want to grab revenue from out-of-state firms in an ill-advised, distortionary attempt to shore up state tax coffers.
February 15, 2021
On average, a 0.5 percent increase in research, education funding, and university spots increases long-run growth by 2.6, 4.7, and 1.3 percentage points, respectively.
February 12, 2021
Stephen Ezell presented to the UN Commission on Social Development on Lessons Learned from the Use of Digital Technologies to Promote Healthy Aging in the Era of COVID-19.