The Commons

Steps in the Right Direction: Two Proposals for Funding U.S. Semiconductor Foundries Share This

Julius Krein | Jun 30, 2020 | Economic Development

There are many reasons to be pessimistic about the future of this country at the moment, and most of them are hard to ignore. But there are also new glimmers of hope appearing in important areas, even if they don’t get much media attention. Specifically, it appears that Congress is finally beginning to take semiconductor […]

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Facing the Woke Hyperpower Share This

James Poulos | Jun 30, 2020 | Automation

Re: The Homeless Society

Just a few years ago, it was possible for nationalist Americans to warn foreign enemies like North Korea that the US was a “hyperpower.” A few decades ago, however, the label was a term of abuse: French Foreign Minister Hubert Vedrine used it to describe an America that had gone beyond even the bounds of […]

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The Homeless Society Share This

R. R. Reno | Jun 30, 2020 | Inequality

Analysts and commentators talk about today’s “precariate.” The term plays on the Marxist notion of the proletariat, recasting it to describe gig workers, college grads whose income is swallowed by student loan debt, and wage-earners who can’t stay ahead of heath costs, childcare costs, car repair bills, and credit card debt. The term is useful. […]

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An Industrial Policy By Any Another Name… Share This

Oren Cass | Jun 29, 2020 | Economic Development

The opinion pages of both the Financial Times and Wall Street Journal have featured calls for industrial policy in the past week, an encouraging trend toward realism about the necessary role for government in a free-market economy. In the Times, yesterday’s editorial warned against “the absence of a proactive industrial policy” and argued that “quick […]

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Should There be Legal and Ethical Limits to National Developmentalism? Share This

Rob Atkinson | Jun 28, 2020 | Industrial Policy

ITIF recently released a report about how “innovation mercantilist” policies were instrumental in enabling China to dominate the global telecom equipment industry, and how that rise came at the expense of global innovation in this industry. A typical response to the report was along the lines of “So what. The United States had industrial policies […]

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America Cottons on to Industrial Policy Again Share This

Marshall Auerback | Jun 27, 2020 | Economic Development

REUTERS / Gary Cameron – Recently, I suggested that the United States would do well to emulate some aspects of China’s economic development model, largely on the grounds that this still constituted the optimal route to reindustrialization. If done correctly, reindustrialization can provide a key means of generating high quality jobs in the U.S. […]

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Should Congress Extend the $600 Federal Unemployment Benefit? Share This

Amber Lapp | Jun 26, 2020 | Coronavirus

In March as Ohio began to shut down, Emily—a thirtysomething mom who asked that I not use her real name—worried about her family, her neighbors, and especially the elderly. She posted on her town’s Facebook page offering to grocery shop for those unable to go to the store, or to share a meal with anyone […]

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Contain China if Necessary, but Emulate Features of its Industrial Policy to Ensure Long Term Economic Prosperity Share This

Marshall Auerback | Jun 24, 2020 | Industrial Policy

Robert Atkinson of the Information Technology and Innovation Foundation has just written a very compelling analysis of China’s national industrial policy, especially in relation to the exponential growth of its telecommunications industry. Some of the key findings of the paper, “How China’s Mercantilist Policies Have Undermined Global Innovation in the Telecom Equipment Industry” are as […]

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Riding the Protest Wave: How Elites Will Co-opt BLM Share This

Chris Arnade | Jun 21, 2020

It is easy for the right to look at excesses from the current protest, or the incoherence of some protestors, and dismiss them in total. They don’t know their history! They are yelling about capitalism from an iPhone! Defund the police! Crazy! That is a mistake. The Black Lives Matter movement isn’t simply about the […]

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Does Aggressive Policing Create Its Own Cycle of Dependence? Share This

Oren Cass | Jun 19, 2020 | Policing

Re: Cops and Teachers

I was jolted by the familiar echo, reading Chris Arnade’s “Cops and Teachers,” of an argument I’ve made a thousand times. It was an obviously conservative point, turned suddenly into a refutation of a popular conservative stance. Speaking in the context of safety-net policy, I often try to distinguish between policies that maintain households in poverty […]

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Cops and Teachers Share This

Chris Arnade | Jun 18, 2020

In the early 90s, as the Soviet Union crumbled, a trickle of Eastern European students came to the US. One of my roles at Johns Hopkins was to greet them at the airport and try to help their transition. One young man, without asking me, spent his first Sunday in Baltimore walking the length of […]

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Liberalism is Bringing About the State of Nature it Sought to Escape Share This

Nick Timothy | Jun 18, 2020 | Liberalism

Liberal theory starts by imagining a state of nature: a world that never existed, could never have existed, and leads liberals to a wholly unreal view of human nature. And yet as we reach its logical conclusion, ideological liberalism is causing the fragmentation of society, the emasculation of government, and a life, for many, that […]

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