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August 5, 2024
Renewing the Partnership Between Government and Entrepreneurs
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. How can venture capital principles be applied within governmental agencies to foster impactful change? Below are the highlights from my conversation with Arun Gupta, as he emphasizes the importance of a renewed…
August 5, 2024
Letter to the Editor: The Benefits of Carbon Emissions Outweigh the Costs
FacebookTwitterLinkedIn In a useful op-ed pointing out the endless series of falsehoods promoted by climate alarmists over the years (“Polar Bears, Dead Coral and Other Climate Fictions,” Aug. 1), Bjorn Lomborg asserts that “climate economics generally finds that the costs of [man-made emissions] outweigh the benefits.” That is not correct. The economic models for the most part…
August 5, 2024
The Four Fault Lines in AI Policy
For a while in my life, I thought I wanted to be a communications professor. I even pursued a master’s in new media and communication studies for two years. That time resulted in some bittersweet memories—I never finished this graduate degree, opting instead to study economics later—but one of the best things it gave me…
August 2, 2024
We’ll Always Have Paris
In 2015, countries around the world met in Paris at the 21st Conference of Parties to the U.N Framework Convention on Climate Change (UNFCCC) where they agreed to limit global temperature increases well below 2 degrees Celsius by 2100. We now have 8 years of data on global emissions following the “landmark” Paris Agreement. Today, I evaluate…
August 2, 2024
Data Center Electricity Use III: Make or Buy?
The exponential growth of data centers, driven by the burgeoning demand for cloud services, AI computations, and big data analytics, has increased electricity consumption significantly. In the first two posts of this series, I discussed the increasing data center electricity use, its implications for the electric grid, and how those implications will differ over time…
August 2, 2024
No, Debates over Artificial Intelligence Regulation Do Not Preclude Digital Trade Rules Negotiations
In her unceasing campaign to forestall new international rules for digital trade, US Trade Representative (USTR) Katherine Tai has seized upon a new rationale: the need to forge a new regime for artificial intelligence policy. In a webinar hosted by the left-leaning Center for Economic Policy Research, she amplified her animus against Big Tech, arguing…
August 1, 2024
Lax Merger Enforcement Is a Myth
Sometimes a false narrative is repeated so often that people accept it as true. This has been the situation with mergers in the US, where numerous government officials, some academics, and others have accepted and repeated a narrative that merger oversight has grown weak since the 1980s, resulting in increased industry concentration and market power. Unfortunately, apparently no one thought…
July 31, 2024
Looking at Loper Bright More Broadly
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
Observations on the Pomerleaus’ New Argument for a Carbon Tax
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 Right to Listen: Wrongly Rejected in Murthy v. Missouri?
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…