Commentary

In industries that are globally traded, overly aggressive union demands run the risk of putting firms at a competitive disadvantage—helping current union members in the short term, but hurting the firms, future workers, and the national economy in the long term as the firms become less competitive in global markets.

The use of cloud computing by firms has been proven to increase productivity and innovation and to lower costs.

A recent working paper found that a 10 percent increase in broadband Internet access among county residents leads to 0.11 fewer suicide deaths per county, a 1.02 percent reduction in suicides overall.

TauRx is revolutionizing Alzheimer's treatment with a novel drug that targets toxic brain proteins, offering fresh hope in the fight against this devastating disease.

Despite popular rhetoric around the supposedly exorbitant prices of prescription drugs, the price of pharmaceutical products has increased far slower than the rate of inflation.

The NTIA’s “Middle-Class Affordability” requirement for BEAD undermines the program’s goal of universal broadband access by diverting funds and potentially imposing rate regulation, ultimately harming consumers by stifling competition and reducing deployment efficiency.

In the words of Judge Mehta, Google is what it is today because it has “innovated consistently, and made shrewd business decisions.” Hopefully courts will ensure that this antitrust case doesn’t end up hindering Google from continuing to do just that.

Labour aims to revive the UK’s economy by focusing on spreading innovation across all sectors, addressing the nation's productivity challenges through practical measures. By building on existing projects and ensuring the adoption of new technologies, particularly in both high-tech and low-tech sectors, Labour can deliver visible results and drive meaningful growth across the country.

Global trade relies heavily on trust, and the Internet amplifies trust challenges due to distance, anonymity, and the vast scale of interactions. To address these challenges, APEC economies should focus on developing socio-technical solutions, like digital IDs and content provenance tools, to improve trust in the digital environment and ensure the safety and security of the digital economy.

While a labor shortage may drive up the cost of labor in the short run, in the long run it results in increased labor productivity and reduced prices.