We Will NOT Run Out of Jobs
This seems like a strange headline given that the economy has recently shed almost 40 million jobs. But at some point with the development of a vaccine or an effective treatment, the economy will come back to normal.
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Japan Offers a Compelling ‘Back to the Future’ Model
Japan has announced newly defined restrictions on foreign investment, which at face value, seem to violate the provisions of the World Trade Organization agreement.
Government, Not Markets Can Best Pick Winners
China’s economic rise and the damage inflicted on U.S. industry has been a wakeup call to many U.S. policymakers. But most conventional economists continue to hold firm to their ideological notion that only the market can respond, and that any more proactive government action, particularly focused on key sectors or technologies, is doomed to fail.
Rebooting the American System
The comprehensive, conservative case for a return to robust national economic policy
Planning for When the Market Cannot
The fact that government planners are not omniscient is obvious, but it does not automatically follow that planning is always ineffective. Perfect information is simply not a precondition of successful planning in either the private or the public sectors.
Foreword: On Security
The American system of innovation, combining strategic investment and private enterprise, made our nation’s industry the envy of the world. It can pave the way for widespread prosperity and security again today.
Rediscovering a Genuine American System
Economic stability, national security, widely shared prosperity, strong families, a pluralistic society—in short, the American way of life—are achievements plainly worth conserving. So is the only approach to economic policy that has ever proved capable of producing them.
Foreword: On Resilience
America’s ability to meet the challenges of tomorrow rests on our conviction to turn a new economic page today.
Removing the Blinders From Economic Policy
Remove the blinders of economic fundamentalism, and it is impossible not to see the social, legal, historical, and institutional scaffolding that buttresses a growing economy, and the role that public policy must play in its construction and maintenance.
Comparative Disadvantage
If comparative advantage is created rather than discovered, refusing to play the game has consequences.
