Innovation Files Blog

The pharmaceutical and medicine industry has seen its productivity decline by 2.4 percent annually between 2014 and 2024, one of the worst performances among U.S. manufacturing industries.

New research shows that widely cited statistics on concentration, markups, and profits are often plagued by measurement and interpretation difficulties, meaning they cannot reliably be used to prove an economy-wide decline in competition.

Congress is right to flag Alipay over national security and data risks, but a blanket ban without first conducting audits or establishing reciprocity safeguards would be premature. Regulators should investigate the platform before Congress considers banning it.

The inconsistent and flawed theories of harm on both sides of the Atlantic reflect, to borrow from former FTC Chair Lina Khan, a real “Amazon’s antitrust paradox,” if there ever was one.

AI-enabled “ghost student” scams are siphoning millions in federal financial aid by exploiting weak, document-based identity verification systems at U.S. colleges. While the Department of Education has tightened ID checks, Congress should establish interoperable, high-assurance digital IDs to prevent fraud at scale and ensure aid reaches real students.

In 2025, more than one-third of individuals (36.8 percent) used generative AI tools such as ChatGPT or Claude.

Chinese online marketplaces like AliExpress and Temu often list counterfeits of American products while limiting search engine indexing, making it difficult for rights holders to detect infringements. The U.S. Trade Representative should include these platforms on the 2025 Notorious Markets List and consider indexing transparency as a criterion for future listings.

Maryland’s proposed broadband price controls for low-income households would undermine investment and fail to solve affordability, leaving vulnerable families worse off than a consumer-focused voucher approach would.

Throughout 2025, U.S. businesses and consumers have borne the largest share of the tariff incidence, or burden, while tariffs had relatively minimal impacts on foreign exporters.

While the Hyundai Motor case now sits at the center of Korea’s AI jobs debate, the evidence suggests that the nation’s more immediate constraints are weak productivity growth and uneven labor-market adjustment—not large-scale technological displacement. How Korea responds will shape its competitiveness in a high-cost, aging manufacturing economy under intensifying global competition.