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July 31, 2024
Everything is right in my colleague Daniel Lyons’s recent post “Net Neutrality, and Other FCC Initiatives Jeopardized Post-Chevron,” covering practical upshots of the Chevron doctrine’s end at the Federal Communications Commission (FCC). A single turn of phrase he uses inspires me to wax theoretical about just how important the Supreme Court’s Loper Bright Enterprises v. Raimondo decision is. Along with…
July 30, 2024
Summary My colleagues Kyle Pomerleau and Shuting Pomerleau propose a “carbon”(greenhouse gas emissions) tax as a fiscal tool with which to finance an extension of theindividual income tax reductions implemented in the 2017 Tax Cuts and Jobs Act. Theyargue that such a tax would improve aggregate economic efficiency, in particular byreducing the purported negative externalities…
July 30, 2024
The US Supreme Court this year ruled on three cases—Lindke v. Freed, Murthy v. Missouri, and Moody v. NetChoice—affecting social media platforms and the First Amendment’sguarantee of free expression. While prior posts encapsulated the decisions in Lindke, Murthy, and Moody, this one and others will dive deeper into significant aspects of the opinions I’ve not addressed. The Court’s rejection in Murthy of claims by states and individuals…
July 29, 2024
Last week, political scientist James C. Scott passed away. Scott’s 1998 book, Seeing Like a State: How Certain Schemes to Improve the Human Condition Have Failed, easily ranks near the top of my most influential books, right alongside Michael Billig’s Thinking and Arguing, Deirdre McCloskey’s If You’re So Smart, and Virginia Postrel’s The Future and Its Enemies. Scott’s primary research…
July 29, 2024
This is Part 5 in the THB series — Climate Fueled Extreme Weather. You can find Part 1 here, Part 2 here, Part 3 here, and Part 4 here. Each can be read on their own, but I encourage you to start from the beginning as each installment draws on the ones before. If you have made it this…
July 25, 2024
Our government grapples with challenges that demand quick solutions and decisive action. However, the government’s structure often lacks the necessary incentives to drive innovation. This is where Arun Gupta comes in, emphasizing the importance of a renewed partnership between government and entrepreneurs to tackle major societal issues. Arun coauthored Venture Meets Mission: Aligning People, Purpose, and Profit to…
July 25, 2024
In 2001, I participated in a roundtable discussion hosted at the headquarters of the National Academy of Sciences (NAS) with a group of U.S. Senators, the Secretary of Treasury, and about a half-dozen other researchers. The event was organized by Idaho Senator Larry Craig (R-ID) following the release of a short NAS report on climate to help…
July 25, 2024
Social media companies found much to like in last month’s blockbuster Moody v. NetChoice decision. Facing legislation that would have forced Facebook, X, and others to carry content against the companies’ will, a majority of the justices endorsed the idea that platforms retain a First Amendment right to editorial control that shields them from state efforts to…
July 24, 2024
Last week’s global IT outage demonstrated the vulnerability of our deeply interconnected digital infrastructure. A single unchecked software update by the cybersecurity company CrowdStrike to its customer, Microsoft, rapidly cascaded into a series of worldwide disruptions throughout the network of operating systems, with CrowdStrike’s cybersecurity solutions safeguarding nearly 60 percent of the Fortune 500, 86 percent of…
July 23, 2024
On October 30, 2023, the White House announced its Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. The order addressed, in an industry-led US context, calls for governments to become actively engaged in regulating artificial intelligence. The European Union Artificial Intelligence Act, passed in March, takes a much more prescriptive approach….