Reports & Briefings

With the rise of China, the U.S. economic and technology environment has fundamentally and inexorably changed. America needs an advanced technology industrial policy to compete effectively—but that will require modernizing hidebound economic thinking that has long considered “industry policy” to be anathema.

Nearly one in five rural Americans still lack access to broadband Internet service. Federal subsidies could bridge that gap if they are carefully targeted through a reverse-auction program that leverages economies of scale by encouraging large providers to participate.

To advance their goals of economic redistribution, progressives—relying on faulty research, half-truths, and erroneous claims—have delegitimized the long-accepted “consumer welfare” approach to antitrust and generated a groundswell of support for a new “public interest” standard that seeks to protect competitors, especially small businesses.

AR/VR devices create novel issues for user privacy due to the scope, scale, and sensitivity of the information they collect. To mitigate harms, policymakers should reform the current patchwork regulatory landscape for data privacy, which fails to address some risks while over-regulating in response to others.