February 20, 2025
Why Cutting Basic Science Funding May Amount to Economic Unilateral Disarmament
Earlier this month, Eric Berger of Ars Technica reported that the White Houses’ first budget request of Donald Trump’s second term could be a fiscal reckoning for America’s government scientific enterprise. The National Science Foundation, a cornerstone of the country’s research infrastructure with its annual $9 billion purse, might face particularly savage cuts. According to Berger, Intelligence…
February 19, 2025
Regional Transmission Organizations as Market Platforms IV
Networks shape modern life. From roads to the internet to global supply chains, they enable movement, exchange, and value creation. But networks also suffer from congestion, a problem driven by both physical limitations and the difficulty of defining and enforcing property rights. In some networks, pricing mechanisms can help mitigate congestion, but political and regulatory…
February 19, 2025
Trump’s Tariffs Would Prime Prices at the Gas Pump
Donald Trump promised tariffs, and he delivered, imposing by executive fiat tariffs of 25 percent on imports from Canada (10 percent on Canadian energy) and Mexico and 10 percent on imports from China. His justifications are “the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl,” and our “major trade deficits with those countries.” According…
February 18, 2025
Another Step Forward in NEPA Reform
America’s system of environmental reviews has been choking progress for a half-century. A key culprit: the National Environmental Policy Act, once a seemingly sensible safeguard that has metastasized into a bureaucratic quagmire that can entangle projects for years at great cost. As I write in my 2023 book, The Conservative Futurist: How To Create the Sci-Fi…
February 13, 2025
The Intel Challenge and Trump’s Foolhardy Plans for Semiconductor Tariffs
Intel, the nation’s putative semiconductor “national champion” has fallen on hard times. Having led technologically for some decades, Intel fell behind demands for advanced chips after the iPhone emergence and most recently on the burgeoning demand for chips needed for artificial intelligence training. The Biden administration, and now the incoming Trump administration, seem determined to support and…
February 12, 2025
America Must Lead the AI Revolution—for Ourselves and Our Allies
Vice President JD Vance’s remarks at the AI Action Summit weren’t just another policy speech—they were a declaration of intent. The Trump administration is staking out a coherent vision: AI as a pillar of economic growth, national security, and American technological dominance. This approach recognizes that AI leadership isn’t just about research and development; it’s…
February 11, 2025
AI and the Future of Work Looks Bright
One of the hottest guessing games in workforce development is figuring out how generative artificial intelligence will affect jobs and how to prepare students and workers for an AI-infused economy. The future of work looks bright, but the full potential of AI to increase productivity and raise wages and incomes will only be realized if…
February 11, 2025
Trump v. CBS: When Politics, Journalism, Business, and FCC Authority Collide
Shortly after Donald Trump sued CBS in October over what he called “false, misleading, deceptive, and, therefore, unconscionable and detrimental news distortion” in editing a 60 Minutes interview with Kamala Harris, I contended that the lawsuit was likely meritless. While explaining that the Federal Communications Commission (FCC) is responsible for enforcing a rule against news distortion by over-the-air broadcasters, I questioned the lawsuit’s…
February 10, 2025
The Deeper Question Raised by the NIH Grant Overhaul
Last week, in a classic Friday evening news dump, the Trump administration set off one of those frantic controversies that seem to be our fate for the next few years. A tweet from the official X account of the National Institutes of Health declared: The tweet was backed up by a more formal memo justifying the new policy on…
February 10, 2025
DeepSeek’s Direct Challenge to Antitrust Orthodoxy
To understand what went wrong with antitrust during the Biden administration, look no further than former Federal Trade Commission (FTC) chair Lina Khan’s take on DeepSeek’s launch of R1, an artificial-intelligence (AI) platform. Rather than see the moment for what it is — a competitor arising by bypassing Biden’s supposedly insurmountable barriers to competition — she sees this…