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A Better Model for Worker Training

A Response to Samuel Hammond

Change Market Structure, Not the Tax Code

A Response to Rob Atkinson

Echoing the Imperative

A Response to David P. Goldman

Diplomatic Considerations for LCRs

A Response to Michael Lind

Lessons from China

A Response to Michael Lind

Reshoring with the Government We Have

A Response to Ganesh Sitaraman

The Limits of Regulatory Capture

A Response to Ganesh Sitaraman

Doubling Down on R&D

A Response to Willy Shih

A Note on High-Tech Infrastructure

A Response to Willy Shih and Terrence Keeley

U.S. Supreme Court Building
Taking Back America From the Libertarians

Washington Post columnist George Will has added his voice to that of Brad Thompson in decrying the rise of an un-American conservative authoritarianism, represented, among others, by such thinkers as Adrian Vermeule, Sohrab Ahmari, and yours truly.

If Only Private Funds Still Enabled American Power

Grant Kettering’s critique of Coin-Flip Capitalism defends private finance as “a major competitive advantage and source of comprehensive national power.”

What are America’s Pensioners Getting from Private Equity?

Imagine a schoolteacher in a mid-sized American city. She earns approximately $60,000 per year and each month contributes somewhere between 6 and 12 percent of her wages to the state’s public employee pension plan. Given her salary and associated living expenses, a robust personal savings plan seems out of the question. For the teacher – and the firefighter, the police officer, and many other public employees – pension benefits are the only hope for financial security in retirement.

On Terms of Trade

The international trading system must recover the core principles of reciprocity, security, and democracy.

On Infrastructure Financing

A national development bank could attract the private capital that America’s infrastructure needs.

On Antitrust Enforcement

The American medical industry offers a case study of how market concentration undermines economic resilience.

Balanced Trade, Robust Industry, and Rising Productivity: Pick All Three

Professor Dan Drezner is again illustrating how we ended up with a misbegotten consensus on globalization built upon inadequate assumptions and shallow analysis. A couple of weeks ago, we encountered him badly mischaracterizing a study about the supposed value of trade liberalization. Breezing past that issue, he is back now with a more outlandish claim, that: “a world in which ‘trade were balanced, domestic industry robust, and productivity rising’ is a world that not only does not exist, but very likely cannot exist” (emphasis in original).

Chaos in the Time of Covid

In physics, to reveal deeper truths, you slam particles together to expose their inner structure. The pandemic has been like that, slamming different parts of the country together, revealing it to be deeply divided by geography, race, education, and wealth. It is hard to imagine it once fit together or will ever fit together again.

On Agency Structure

A new task for government demands a new structure for its agencies.

On Regulatory Reform

Outdated environmental regulation poses an irrational barrier to reshoring efforts.

On Workforce Investment

Reshoring strategies can only go so far without investment in America’s skilled workforce.

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