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March 28, 2024
The Quest for a ‘Clean Economy’ Collides with Reality
“There are no solutions,” the celebrated economist Thomas Sowell once wrote, “only trade-offs.” Nowhere is this wise maxim truer these days than in the realm of green energy, where the headlong quest for a carbon-free economy has collided with other cultural, social, and environmental forces. Want to extract lithium, a critical component of the batteries that…
March 19, 2024
Why I’m Out of Step with My Generation
Among my millennial friends, and even more so for Gen Z, it’s common to believe that the United States is in terminal decline. But I remain an outlier because I think the United States’ best days could still be ahead. The country faces challenges, to be sure, but we have an abundance of resources and…
February 26, 2024
Navigating the Data Security and Privacy Tightrope: Balancing the Biden Administration and European Rules on Tech
The White House’s Office of Science and Technology Policy (OSTP) recently updated its taxonomy of “critical and emerging technologies,” emphasizing the US government’s increased focus on data privacy and cybersecurity. This move, which revises and expands on a document last revised in 2022, comes at a crucial time: the digital landscape is rapidly evolving, influenced by groundbreaking…
February 16, 2024
The Twilight of US Trade Leadership
As 2024 begins, the United States continues its retreat from its post-World War II role as leader of a rules-based global trading system. This retreat began in 2017 with the mercurial and destructive trade policies of former president Donald Trump and has continued since 2021 with the deeply conflicted trade policies of current President Joe…
March 16, 2023
The SVB Bailout Will Have Unfortunate Long-Term Implications
Now that the bailout of the Silicon Valley Bank depositors at 100 percent rather than the nominal $250,000 limit has been announced, it is difficult to discern whether the primary motivation is avoidance of future bank runs by small businesses and the like, or an old-fashioned effort to reward the wealthy friends of the Democratic…