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 […]
Tag: investment
We Need to Defend Innovation in Latin America
By Federico Fernández, founder, Somos Innovación We live in an era where great things have happened thanks to innovation. Everybody loves innovation and recognizes that is a force for progress. With the exception of maybe North Korea, no government in the world has an official policy to prohibit innovation or harass innovative people. […]
Brexit uncertainty cost UK new Tesla gigafactory
“Brexit uncertainty means Tesla choses Germany for European for new factory” By Professor David Bailey, courtesy of UK In a Changing Europe Last week Tesla CEO Elon Musk said that Brexit uncertainty was a factor in the firm’s decision to build its first major European factory near Berlin in Germany rather than the […]
Why a wealth tax would fall flat in the U.S., as elsewhere
“Wealth Tax Revenues” By Chris Edwards, courtesy of the Cato Institute Presidential candidates Bernie Sanders and Elizabeth Warren have each proposed an annual wealth tax on the richest Americans. There are so many flaws with such a tax that it probably would not pass Congress. If it did pass, it would likely be […]
China Loses, Mexico Wins? Not So Fast!
“China Loses, Mexico Wins?” By Manuel J. Molano, courtesy of IMCO and El Sol de México Last September, Shannon O’Neil published an article in Bloomberg that said Mexico should benefit from the US trade war with China. O’Neil mentioned the openness of the Mexican economy, which is higher as a percentage of GDP than […]
How to make the European Green New Deal work
By Grégory Claeys, Simone Tagliapietra, and Georg Zachmann, courtesy of the Bruegel Institute European Commission president-designate Ursula von der Leyen has made climate change a top priority, promising to propose a European Green Deal that would make Europe climate neutral by 2050. The European Green Deal should be conceived as a reallocation […]
Healthy tax competition is possible and needed
“Principled Tax Competition” By Daniel Bunn and Else Aken, courtesy of IREF The structure of a country’s tax code is an important determinant of its economic performance. The Tax Foundation’s International Tax Competitiveness Index has ranked OECD countries’ tax systems for the last six years, and every year Estonia has been the number one country […]
The digital revolution is losing steam
“Dissecting the global growth and productivity slowdown” By Robert Stehrer, courtesy of WIIW Growth rates in the global economy since the financial crisis have been subdued compared to the boom phase at the beginning of this century (see Figure 1). Compared to the period 2000-06 average real GDP growth slowed from more […]
Trade uncertainty slowing global economy
“A Fear of Regime Change is Slowing the Global Economy” By Uri Dadush, courtesy of Bruegel Institute Global GDP has slowed sharply, from near 4% in late 2017 to half that rate on an annualised basis in recent quarters. The downturn in fortunes over the last two years has come as a big surprise. […]
Doing Business 2020: Much ado about (almost) nothing
By Mihailo Gajic, TES Contributor The World Bank recently issued the new version of its regulatory index, Doing Business 2020. Central and Eastern European countries continue to show signs of good business regulation quality: Georgia (ranked 7th), Lithuania (11th) and Northern Macedonia (17th) top the list of transition economies, while Serbia is ranked […]