Recent policy debates on technology issues, including the fights over net neutrality and SOPA, have been dominated by heated and overblown populist rhetoric, rather than fact-based policy analysis to advance the public interest. A new report from ITIF argues that an us vs. them populism has taken over technological debates in recent years and has had a deleterious effect on policymaking.
The conventional view of what governments should do to foster innovation is simple: get out of the way. But economist Mariana Mazzucato argues that view is as wrong as it is widespread. In countries that owe their growth to innovation, she says the state has served not as a meddler in the private sector but as a key partner—and often a more daring one, willing to take the risks that businesses won’t.
President Barack Obama, British Prime Minister David Cameron, and Chinese President Xi Jinping, among other world leaders, have suggested that companies should not create IT products and services so secure that governments cannot gain access.
ITIF hosted a discussion of a thought-provoking new report, Technology: Reshaping the Global Economy, by Standard Chartered, which assesses the impact transformative digital technologies—including mobile, big data, robotics, 3D-printing, and artificial intelligence—will have on the development strategies of both emerging and developed economies.
China is engaged in a secret one-hundred year marathon to overtake the United States in global economic and military might, with a goal to supplant the United States as the world’s dominant power by 2049, argues Michael Pillsbury in a timely new book, The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower. Pillsbury contends that U.S.
Despite the important role federally funded biomedical research plays in supporting the U.S. biomedical industry and advancing the discovery of cures for disease, funding for the National Institutes of Health declined by 22 percent in real terms between 2003 and 2013.
On the eve of the FCC vote on the legal framework of its Open Internet Order, ITIF gathers a panel of expert engineers to discuss their views on network management and net neutrality. Notably absent from the last year of net neutrality debate was a rigorous, scientific definition of terms. For example, what do we mean by a “fast lane”? Other questions will persist, regardless of the legal path the FCC chooses: What techniques or practices are involved in network management, and how should we determine if they are reasonable?
At its core, trade policy is based in economics. And despite what many economists claim, economics is not a science. And, as with economics, intellectual approaches to the issue of trade differ substantially. These approaches reflect differences in economic doctrine among economists, policymakers and others.
Numerous books and research studies, most notably Thomas Piketty’s Capital in the Twenty-First Century, have argued that almost all the gains from increased U.S. productivity growth have been accrued by the wealthy, with the rest of us getting almost nothing.