American Compass’s Oren Cass argues that the CHIPS Act marks an inflection point for America turning away from globalization and revitalizing domestic industry.
American Compass executive director Oren Cass argues that demanding perfect legislation is a convenient excuse for voting no, and a standard by which everyone would always vote no.
Big Tech’s social media platforms are similarly exploiting children today. And just as policymakers needed to act to protect children then, they must do the same now.
Restrictions on investment in China are a good idea, to be sure. The taller and stronger the guardrails, the better. But holding incentives for domestic investment hostage to tougher restrictions on foreign investment may not be wise or necessary, for two reasons.
In this week’s Compass Point, Pursuing the Reunification of Home and Work, Erika Bachiochi throws a fascinating curveball into the modern debate over home economics. That debate, to oversimplify, pits the mid-20th-century model of breadwinner-plus-homemaker against the late-20th-century model of the dual-income household.
American Compass executive director Oren Cass discusses the promising shift on the right-of-center toward supporting generous pro-family benefits like Senator Romney’s Family Security Act 2.0.
For progressives, the US Supreme Court’s EPA ruling should have been a teachable moment, argues American Compass executive director Oren Cass.
American Compass’s Oren Cass and Wells King discuss the reality that most young Americans miss out on commencement.
Silicon Valley’s techno-optimists insist loudly on two contradictory points. On one hand, they celebrate the Internet and its associated innovations with phrases like “paradigm shift” and “creative destruction,” and celebrate themselves as the visionaries leading humanity into (unironically) a Brave New World. On the other, they reject the need for new public regulation, insisting that the legal frameworks of past eras are perfectly adequate to the task. Both cannot be true.
What role should experts play in our politics? Of course, they have their own freedom of speech, and are welcome to hawk their wares in the marketplace of ideas. But when election day arrives, their votes count no more or less than others, and they are far fewer in number.
American Compass’s Wells King and Brad Wilcox of the Institute for Family Studies and AEI make the case for a conservative embrace of an expanded Child Tax Credit in a post Roe v. Wade world.
American Compass executive director Oren Cass makes the case against rolling back tariffs on China in response to inflation.
Our latest Compass Point is by James M. Roberts, long-time research fellow at the Heritage Foundation and co-editor of their Index of Economic Freedom, reflecting on his experience in the conservative establishment and the perils of a political movement running on autopilot.
American Compass executive director Oren Cass makes the case that revitalizing the American industrial base requires moving beyond globalization.
America’s most Southern sport has betrayed its own fan base, writes American Compass’s Wells King in this cover story.
The basic quandary for economists in this debate is that they stake their claims to expertise and deference on their field’s purported rigor, but they can uphold their own standards only under artificial conditions inapplicable to policymaking. As a result, their work’s defensibility bears an inverse relationship to its relevance.
It is hard, nay impossible, to find a more sophisticated conservative critique of globalization than that articulated by Oren Cass. Perhaps because Cass was once a card-carrying member of the economic establishment himself, he has an exceptionally clear sense of some of the problematic assumptions that have underpinned that establishment’s high level of support for globalization over the past three decades.
When the former high priests of globalization admit it’s not working, the time has come not only to ask why they’ve changed their minds, but also why they were so wrong for so long. Oren Cass’s exposé of the abuses of classical economic theory offers a valuable starting point. But the problems lie even deeper and extend much further.
In his essay, Oren Cass correctly argues that a well-functioning capitalist system requires a “bounded market” within a nation-state that imposes interdependence on labor, capital, and consumers. Frictionless capital mobility across borders, in contrast, decouples the interests of investors from their country and their workers.
Analyzing the effects of any long-run macroeconomic trend is admittedly a difficult affair. After all, typically more than one big trend is happening at a time, which means that isolating the impact of any particular force requires careful and thoughtful empirical analysis.