While there's much to like in the President's FY 2015 budget, it still underinvests significantly in U.S. competitiveness and innovation.
Blogs & Op-eds
Netflix Grows Up
The interconnection deal between Netflix and Comcast is not an unusual arrangement, and a good sign that the flexibility firms have in forming interconnection deals is working as intended. The deal better aligns incentives and improves customer's streaming. It is something we should be celebrating, but instead some are making hasty and unfounded comparisons to net neutrality.
Designing a Global Trading System to Maximize Innovation
In an article for the peer-reviewed journal Global Policy, Robert Atkinson argues that major reforms are required to maximize global innovation. Innovation industries are different than other industries and because of these differences maximizing the production of innovation globally requires the presence of large markets, limited “artificial” competition, and strong IP protection. The article lays out a policy agenda to enhance these conditions.
Organic Farm Supporters Seek Special Treatment
Organic growers claim the presence of biotech improved seeds and harvests make it harder for them to keep organic produce free of GM admixture. But USDA organic standards don't penalize organic growers for accidental presence of non organic produce. Against all precedent and reason, some organic growers who claim to have lost sales now seek to make their neighbors pay for problems entirely of their own making. This is not a sound basis for policy making.
Robert Gordon’s Cassandra World
Robert Gordon’s new paper, revising and restating his arguments from a 2012 paper, is ostensibly about slowing growth in the United States, but in fact it takes a more complicated look at the income growth for the bottom 99 percent. Unfortunately, the added complexity is built on questionable assumptions and mostly just adds layers of ambiguity and confusion. Worst, it completely misunderstands the function and role of innovation in the economy.
Ignore Paranoid Bloggers: The Comcast-Time Warner Merger Is Good For Consumers
The Comcast, Time Warner merger is no doubt a large and important transaction. But a merger this serious deserves a fair review with accurate facts. Unfortunately, the claims by some advocates, like Susan Crawford, that the transaction will destroy competition and broadband development are widely inaccurate and damaging to the necessary policy debate and public discourse.
Debunking the EU Broadband Utopia
As an American academic in Europe, Layton, an ITIF guest blogger, finds the claims by some U.S. media about an EU broadband utopia curious. Europeans roundly complain about the quality of their networks, and, there is no one on the continent who would say that the US is falling behind Europe. In fact some of the biggest critics of European telecom are EU leaders themselves.
Simplifying the Energy Tax Code
Matthew Stepp participated in an online discussion on reforming energy taxes, hosted by OurEnergyPolicy.org. Stepp argued that supporting emerging clean energy technologies and energy innovation in general needs to be a central focus of any reform package.
Two Cheers for Martin Baily’s “U.S. Manufacturing”
A new study by Martin Bailey and Barry Bosworth confirms previous research conducted by ITIF which shows a steep decline in U.S. manufacturing output over the last decade. This new data will hopefully serve as a wakeup call for policymakers on the need to address the competitiveness and growth issues faced by this vital sector.