The problem is not that Trump imposed tariffs; it is that he appears to have be motivated purely by a protectionist instinct, not because he recognized a legitimate need to aggressively confront foreign mercantilism, particularly on the part of the world’s worst offender, China.
Innovation Files Blog
February 27, 2018
The innovation mercantilist policies which lie at the heart of China’s model of state-led capitalism have been the central force driving this overcapacity across an ever-growing number of industries.
February 26, 2018
Fact of the Week: Investments in IT Accounted for Almost 20 Percent of Global Growth Between 1995 and 2014
From 1995 to 2014, investments in IT accounted for 20 percent of growth globally, writes John Wu in Innovation Files.
February 20, 2018
Fact of the Week: In Germany, Manufacturing Jobs Lost Through Automation From 1994 to 2014 Were Fully Offset by New Service Sector Jobs
Although automation in the German manufacturing sector decreased employment by 23 percent from 1994 to 2014, these job losses were fully offset by new job opportunities in the service sector, writes John Wu in Innovation Files.
February 12, 2018
Fact of the Week: R&D Labs are up to Six Times More Likely to Develop a Patent Through Collaboration if They are Clustered Near Other Labs Than if They are Located by Themselves
R&D labs are up to six times more likely to develop a patent through collaboration if they are clustered near other labs than if they are located by themselves, writes John Wu in Innovation Files.
February 5, 2018
Fact of the Week: In the State of Washington, 12 Percent of Job Listings in 2017 Were for Data-Science Positions—the Highest Share Among the 50 States
Washington had the highest demand for these job positions in 2017, with 12 percent of open job listings coming in data-science positions, writes John Wu in Innovation Files.
January 29, 2018
Fact of the Week: Up to 70 Percent of Aging-Society Initiatives in the EU are Enabled by Information Technologies
As EU aging populations grow faster than their workforce, up to 70 percent of aging-society initiatives in the EU are enabled by information technologies, writes John Wu in Innovation Files.
January 25, 2018
Muni broadband should generally be avoided: Private broadband, coupled with regulatory oversight, provides much better incentives for efficient operation, long-term innovation.
January 22, 2018
Fact of the Week: Electricity and the Internal Combustion Engine Together Accounted for 30 Percent of U.S. Productivity Growth From 1899 to 1941
The invention of electricity and the internal combustion engine together accounted for 30 percent of U.S. productivity growth from 1899 to 1941, writes John Wu in Innovation Files.
January 16, 2018
Fact of the Week: Independent Music Labels Accounted for 35 Percent of Top-Selling Albums in 2010, Up From 12 Percent in 2000
Digital platforms have helped independent music labels account for 35 percent of top-selling albums in 2010, up from 12 percent in 2000, writes John Wu in Innovation Files.