Demand for H-1B visas, which allow U.S. firms to recruit high-skilled foreign workers, has dramatically exceeded the supply—there were 200,000 applications in 2019 for the 85,000 visas that were available.
March 23, 2020
Fact of the Week: Winning the H-1B Lottery Increases a Start-up’s Odds of Going Public in Five Years by up to 53 Percent
March 23, 2020
The economic and social impacts of COVID-19 are widespread and profound, so much so that it will take a long time to catalogue and assess them all in detail.
March 22, 2020
At a time when we should all be coming to together as Americans, the anti-big-business left is seizing the opportunity to bash big companies and advance their neo-Brandeisian “small is beautiful” agenda.
March 16, 2020
Broadband availability dramatically changed the nature of job markets, allowing businesses to reach larger pools of qualified applicants, as evidenced by the fact that the percentage of U.S. job seekers who used the Internet for their job searches tripled between 2000 and 2011.
March 13, 2020
Any stimulus package should include measures to spur technology deployment that would not just boost the economy, but also, in some cases, help society become more resilient so that we are better able to cope with future pandemics, which are all but inevitable.
March 11, 2020
There is much to like in the European Commission’s newly released Industrial Strategy for Europe
March 9, 2020
The expansion of railroads across the United States in the late 1800s dramatically increased interconnections between communities, allowing businesses to reach new markets and incentivizing more efficient resource allocation. These effects are particularly salient today, given that the adoption of broadband has played a very similar role in the modern economy.
March 4, 2020
The United States needs to continue working, ideally in partnership with allies, to roll back the most egregious features of Chinese innovation mercantilism; it needs to encourage some transfer of U.S. production away from China to other nations; and it should develop and implement a robust domestic industrial strategy.
March 2, 2020
Fact of the Week: European Manufacturers Added Five New Workers for Every Robot They Deployed From 1995 to 2015
The growth of artificial intelligence has stoked fears that industries beyond manufacturing could be significantly automated. This underscores the need to study the evidence about modern automation, especially because the facts frequently contradict common concerns.
March 2, 2020
Congress Must Step Up to Save Nine Clean Energy Research Programs From the President’s Budget Chopping Block
Unless Congress takes specific action to reverse the administration’s plans, the president’s budget request will become binding on federal energy RD&D programs, eliminating vital activities.