New TPI Blog Post! Jon Nuechterlein writes, "You’re Fired: How Direct Presidential Control Makes the FTC Redundant," read it here! techpolicyinstitute.org/publ…
Tariff-jumping diverts company strategy from "how can we create better products?" to "how can we navigate around trade barriers?" When executive attention shifts from innovation to regulatory compliance, the innovation pipeline suffers.
piie.com/blogs/realtime-econ…
The bigger a potential market, the more it’s worth investing in large fixed costs like R&D. Shrink the market—which is what tariffs will do—& suddenly it’s not worth spending so much on innovation anymore.
The result leaves us all poorer.
piie.com/blogs/realtime-econ…
By fragmenting markets & forcing companies to duplicate investments or abandon certain markets entirely, tariffs & regulatory barriers may have profound long-term negative effects on innovation, technological progress, & economic growth.
piie.com/blogs/realtime-econ…
It’s now clear that the @realDonaldTrump Administration computed reciprocal tariffs without using tariff data. This is to economics what creationism is to biology, astrology is to astronomy, or RFK thought is to vaccine science. The Trump tariff policy makes little sense EVEN if you believe in protectionist mercantilist economics.
I hope that those with profound economic responsibility like the Treasury Secretary, and heads of the NEC and CEA are studying examples like Cyrus Vance and Elliott Richardson. Both served their country splendidly and enhanced their reputation by disassociating from approaches they saw as dangerously misguided.
In this conversation with @techpolicyinst, we dive into the rapidly evolving world of stablecoins and crypto payments—how they’re reshaping cross-border transactions and why thoughtful, tech-neutral regulation is key to unlock mainstream adoption open.spotify.com/episode/19K…
🚨TPI Event Announcement!🚨 The Google Search Antitrust Case – Finding a Remedy that Helps Consumers🚨 Save the date for a webinar on Tuesday October 22 at 1 PM ET with Ginger Jin, Randal Picker, Lawrence White, and Thomas Lenard on the benefits and costs of structural and con...
TPI Aspen Forum 2024 Monday morning panel: The Economic Impact of Artificial Intelligence #tpiaspen with Timothy Bresnahan, Carol Corrado, Michael Rosenbaum, Jeff Prince, Scott Wallsten
First panel cartoon from #TPIAspen, as #datacenter builder Marc Ganzi of @DigitalBridgeIO talks about water and power - not just training data - as limiting factor for the development of #GenerativeAI