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Publications

May 7, 2024

Technology Fears and Scapegoats: 40 Myths about Privacy, Jobs, AI, and Today’s Innovation Economy

Technologies and tech companies are routinely accused of creating many societal problems. This book exposes these charges as mostly myths, falsehoods, and exaggerations.

April 15, 2024

How Innovative Is China in the Chemicals Industry?

China is leading in chemical production, especially basic chemicals. And while it is currently lagging behind on innovation—especially in more complex fine chemicals—all signs suggest it will catch up with the global leaders within the next decade or two.

April 15, 2024

Fact of the Week: Participation in Global Value Chains Raises Firms’ Labor Productivity by 20 Percent

A recent working paper found that, overall, global value chain participation raises labor productivity by about 20 percent.

April 13, 2024

Congress Should Fund the Creation of a Similarity Checker for Music

A landmark ruling in 2015 made it harder for artists and record labels to determine where permissible influence and interpolation become impermissible appropriation and plagiarism. Congress should make things more consistent, accurate, and fair by directing the Copyright Office to launch a competition for the private sector to come up with an AI-enabled tool to compare how similar a musical composition or recording is to existing copyright-protected works.

April 12, 2024

Large Firms Generate Positive Productivity and Non-Productivity Spillovers for Their Suppliers

Policymakers should not follow neo-Brandeisian calls to break up large companies because such actions will only hurt the economy and small firms

April 12, 2024

Review of the Proposed American Privacy Rights Act

In many regards, the proposed American Privacy Rights Act is a reasonable bipartisan compromise, though its draft language still has plenty of opportunities for fine-tuning and three provisions in particular that would have serious negative economic consequences if passed into law.

April 10, 2024

Testimony to FCC Commissioner Anna Gomez Regarding “Safeguarding and Securing the Open Internet”

There is no more important broadband policy goal than realizing the benefits of connectivity for all Americans. The draft item’s decision to reclassify broadband as a Title II service is counterproductive to those values, and an FCC that prioritizes connectivity and the public interest would not adopt it.

April 10, 2024

Privacy Bill Faceoff: Comparing the APRA and ADPPA

Recent history has demonstrated that any federal privacy bill faces an uphill battle toward becoming law. However, the vast similarities between the APRA and ADPPA are cause for cautious optimism.

April 8, 2024

Fact of the Week: A 10 Percent Increase in Intangible Assets Increases MFP Growth By Up To 0.46 Percent

A recent working paper found that firms that had low multifactor productivity (MFP) to start with experienced higher MFP growth, and that firms with more intangible assets also had higher MFP growth.

April 8, 2024

Analysis of Weakening or Repealing Section 230 of the Communications Decency Act

Section 230 of the Communications Decency Act has played a significant role in the development of the Internet. Proposed changes to weaken or repeal it would have a significant economic impact on online services, business users, and consumers.

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