Policymakers can and should do more to support blockchain innovation and adoption, such as ensuring regulations are targeted and flexible, so as to encourage blockchain experimentation.

A Policymaker’s Guide to Blockchain

Further stimulus in response to the COVID-19 crisis should focus not just on short-term recovery, but also the long-term competitiveness of key technologically sophisticated, traded-sector industries. Now is the time to recognize America needs a robust industrial strategy.

The Case for a National Industrial Strategy to Counter China’s Technological Rise

For America to remain the global leader in IT, the U.S. government must formulate a grand strategy grounded in a new doctrine of “digital realpolitik.” The first priority should be advancing U.S. interests by spreading the U.S. digital innovation policy system and constraining digital adversaries, especially China. This will entail working with allies when possible—and pressuring them when necessary.

A U.S. Grand Strategy for the Global Digital Economy

From vaccines and therapeutics to delivery robots, intellectual property has played an indispensable role in facilitating development of a range of inventive products that have helped address health care, work, and social challenges brought on by the pandemic.

Ten Ways IP Has Enabled Innovations That Have Helped Sustain the World Through the Pandemic

Policymakers should encourage financial innovation by using regulatory processes and approaches that promote flexible oversight, including stakeholder engagement, coordination, experimentation, alternative supervision, and regtech.

Supporting Financial Innovation Through Flexible Regulation

Multi-user immersive experiences (MUIEs)—three-dimensional, digitally rendered environments where multiple users can interact with other people and virtual objects in real time—present new content-moderation challenges. Policymakers should work with those developing MUIEs to balance user safety, privacy, and free expression.

Content Moderation in Multi-User Immersive Experiences: AR/VR  and the Future of Online Speech

The FTC plans to follow Europe’s precautionary approach to antitrust by enacting preemptive rules of per se illegality. But American precautionary antitrust is both unlawful and economically harmful, as it opposes dynamic competition, which benefits consumers and innovation.

American Precautionary Antitrust: Unrestrained FTC Rulemaking Authority

A national framework for digital economy rules would ensure the same protections for all U.S. residents, minimize transaction costs for businesses, enable opportunities to innovate, and increase efficiency in the policymaking process.

The Case for a U.S. Digital Single Market and Why Federal Preemption Is Key

In short: no. Profits are difficult to measure accurately, but the best method is to focus on domestic earnings outside the financial sector as a share of net value added. By that measure, the long-term trend has been in decline.

Monopoly Myths: Is Concentration Leading to Higher Profits?

In areas ranging from data privacy to content moderation, states are creating patchworks of regulation that confuse consumers, complicate compliance, and undermine the digital economy. It’s time for Congress to step in and establish a consistent national approach to digital policy.

How Congress Can Foster a Digital Single Market in America

Restrictive data policies coming into effect in Bangladesh, Hong Kong, Indonesia, Pakistan, and Vietnam will measurably increase import costs and reduce trade volumes, undermining the broader economic role of data. Policymakers should change course or else be left behind in the race for digital development.

The Cost of Data Localization Policies in Bangladesh, Hong Kong, Indonesia, Pakistan, and Vietnam

Countries with robust IP rights and protections must recognize that new energy, new tactics, and a new strategy are needed to encourage other nations to contribute more and detract less from global innovation.

The Way Forward for Intellectual Property Internationally

Data-localization policies are spreading rapidly around the world. This measurably reduces trade, slows productivity, and increases prices for affected industries. Like-minded nations must work together to stem the tide and build an open, rules-based, and innovative digital economy.

How Barriers to Cross-Border Data Flows Are Spreading Globally, What They Cost, and How to Address Them

China’s mercantilist strategy to grab market share in the global semiconductor industry is fueling the rise of inferior innovators at the expense of superior firms in the United States and other market-led economies. That siphons away resources that would otherwise be invested in the virtuous cycle of cutting-edge R&D that has driven semiconductor innovation for decades.

Moore’s Law Under Attack: The Impact of China’s Policies on Global Semiconductor Innovation

The overwhelming evidence shows that in most cases opt out rules for data collection and sharing are better for innovation and productivity while still protecting privacy.

The Economics of “Opt-Out” Versus “Opt-In” Privacy Rules

 aims to address pressing and relevant consumer protection issues facing attorney general offices.


Morgan Stevens speaks about fake online reviews.

Washington Marriott Georgetown

Morgan Stevens speaks about fake online reviews at the 2023 Consumer Protection Fall Conference hosted by the National Association of Attorneys General.

Consumer Protection Fall Conference: Fake Online Reviews

Related Search Content

A Policymaker’s Guide to Blockchain

The Case for a National Industrial Strategy to Counter China’s Technological Rise

A U.S. Grand Strategy for the Global Digital Economy