“The WTO is dead: long live the WTO?” By Maria Demertzis, courtesy of the Bruegel Institute The World Trade Organisation (WTO) is pivotal in enabling and protecting trade between countries. The recent US failure to appoint a judge at the WTO’s appellate court has meant that it will no longer be able to […]
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Drones are saving lives, but regulation might stop them
“Clipped Wings: How Excessive Red Tape Holds Back the Drone Industry” By Adam Thierer, Michael Kotrous, and Connor Haaland, courtesy of the Mercatus Center Throughout much of human history, technological innovation has raised living standards and saved lives. But when regulators prioritize red tape over experimentation, these opportunities can quickly be lost. Unmanned […]
The European Green Deal Is Every Bit as Bad as Expected
By Bill Wirtz, courtesy of the Austrian Economics Center The European Commission has unveiled its “European Green Deal,” after taking hints on denomination from its American counterpart, the “Green New Deal.” While the legislation introduced in the U.S. Congress remains fiction under a Republican executive and Senate, the Brussels initiative will become law unless […]
EU hopes to lead world’s environmental-economic transformation
“Europe’s Apollo 11 will not be about the moon” By Simone Tagliapietra, courtesy of the Bruegel Institute “This is Europe’s ‘man on the moon’ moment.” These are the bold words used by European Commission president Ursula von der Leyen 11 days into her job as she presented her plan for a ‘European Green Deal’ […]
Trade deal will make it (even) harder for China to liberalize
“Trump’s ‘Phase 1’ Deal with China Promotes US Exports in the Wrong Way” By Daniel Griswold, courtesy of the Mercatus Center A novel feature of the Trump administration’s “Phase 1” trade deal with China announced last Friday is that it would require China to increase its purchase of US goods and services by […]
Price Controls Consistently Fail Consumers: Why does Congress keep hoping that next time they will work?
By George Landrith, Frontiers of Freedom Government mandated price controls do not work. The intentions of Members of Congress when passing such government mandated price controls may or may not be good, but intentions are not the issue. Even if their intentions are good, the results will not be. That is the bottom […]
Tax AI via consumption taxes?
“Taxing Artificial Intelligence” By Julian Arndts and Kalle Kappner, courtesy of IREF The Fourth Industrial Revolution is well underway, and there is no doubt that artificial intelligences (AI) will profoundly transform the economy over the next decades. While the impact on the labor market is subject to lively discussions, the problem of how […]
Socialism remains powerful force in UK
“SAS: End of retro-socialism?” Courtesy of the Taxpayers’ Alliance Jeremy Corbyn’s retro-socialist Labour party have been defeated in a general election. Not merely bested, but genuinely beaten. Their hare-brained prospectus for government was unpopular enough that the party is the first opposition in British history to have substantially fewer seats after nine straight […]
Clean Energy Has A Dirty Secret
Greg Walcher, President, Natural Resources Group and former head of the Colorado Department of Natural Resources “Governments should temporarily provide funding for new energy technologies so that they can become market competitive with traditional energy resources.” So the Global Energy Network Institute and other renewable energy advocates have been saying for decades. Taxpayers […]
True Innovators Need Secure Patents for R&D
By James Edwards, Ph.D, Conservatives for Property Rights Remember how early mobile phones routinely dropped calls? Mobile devices today operate on better technology. The innovative system, called “code division multiple access,” supplanted an approach the telecommunications industry was considering as the underpinning for wireless communication. CDMA more efficiently uses airwaves to handle […]