For too long, economic policy in the U.S. and Commonwealth nations has been guided by the “market efficiency” school.
Innovation Files Podcast
September 14, 2020
Podcast: A New Way to Think About Government’s Role in Wealth Creation, With Special Guest David Sainsbury
August 31, 2020
Innovation is central to addressing global climate change while increasing economic growth, boosting international competitiveness, and strengthening energy security. Yet out of a $4 trillion budget, the United States only invest about $8 billion a year—or 0.04 percent of GDP—on clean energy research and development.
August 24, 2020
A vocal group of alarmists worry that the pace of automation will soon displace human labor to such an extent that many workers will be left with nothing to do. Never mind that generation after generation of technological innovations in industries ranging from textiles to steel to banking have always produced the opposite result: expanding the labor force, not wiping it out.
August 17, 2020
The U.S. Labor Department’s jobs report in February 2020 showed the country’s lowest rate of unemployment in 60 years. Two months later, it showed the highest rate of unemployment in 80 years.
August 10, 2020
There’s a lot of doomsday hype around artificial intelligence in general, and the idea of so-called “killer robots” has been especially controversial. But when it comes to the ethics of these technologies, one can argue that robots actually could be more ethical than human operators.
August 3, 2020
There is a pressing need to preempt states from subjecting organizations to multiple, conflicting privacy rules. The debate now is not over whether to pass new legislation, but how to design such a law to protect consumers while encouraging continued innovation.
July 27, 2020
There has been a global consensus for nearly a century that countries should tax multinational companies in the jurisdictions where they create value, not where they generate sales. But that consensus has begun to fall apart as digitalization has made it easier to serve regional markets remotely and Internet companies have successfully capitalized on the opportunity.
July 20, 2020
The changing nature of labor markets—and how best to prepare people and society for the jobs of the future—is one of the most crucial public policy challenges that policymakers around the world will face in the coming years. This was already the case before COVID-19, but disruption from the pandemic has made things exponentially more challenging.
July 13, 2020
5G wireless will drive economic growth for decades to come, but we need a comprehensive strategy to ensure a robust deployment and adoption of secure networks.
July 6, 2020
The entrepreneurial spirit is alive and well in America, but it’s easy for successful organizations to get comfortable and stop innovating to avoid disrupting their success. We see this across industries, as well as in government and the nonprofit sector.