Publications

Establishing the Foundation for Energy Security and Innovation (FESI) was a vital initial step, but its value will depend on what happens next.

Neo-Brandeisians have launched a campaign to discredit the argument that breaking up or shackling America’s large technology multinationals would be a boon for China. But they’re wrong.

Given that the Microsoft-Mistral AI partnership does not create a relevant merger situation, does not harm competition, and has a pro-competitive impact on the market, the CMA should not intervene.

Given that the Amazon-Anthropic partnership does not create a relevant merger situation, does not harm competition, and has a pro-competitive impact on the market, the CMA should not intervene.

Given that Microsoft’s non-exclusive licensing of Inflection AI’s model and its hiring of former Inflection AI employees does not create a relevant merger situation, does not harm competition, and has a pro-competitive impact on the market, the CMA should not intervene.

Available from Amazon and other booksellers: Technologies and tech companies are accused of creating a myriad of societal problems. Technology Fears and Scapegoats exposes them as mostly myths, falsehoods, and exaggerations. It issues a clarion call to restore the West’s faith in technological progress.

Better evidence is needed to evaluate the impact of policy changes on new drug development. Greater availability of government data should support more rigorous evaluations to inform evidence-based policymaking.

Larger firms are generally more productive because of scale economies, but some U.S. industries still have too high a share of small firms. Policymakers should encourage, not discourage, greater consolidation in these industries.

Congress and other stakeholders would do well to ignore SOPA as a relic of the past and instead focus on those stakeholders who want to engage on the substantial and growing body of evidence from around the world.

A recent working paper suggests that trade and technology restrictions in the U.S. not only reduce consumer welfare and exports, but also negatively influence other indicators such as foreign investment due to declines in associated technology transfer.