The Compass Point

Brave New Regulation Share This

Oren Cass | Jun 10, 2022 | The Compass Point

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 […]

Read More

Who Has the Expertise to Watch the Experts? Share This

Oren Cass | May 20, 2022 | The Compass Point

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. Democracy relies upon non-experts to […]

Read More

Is Washington the Next Detroit? Share This

Oren Cass | Apr 22, 2022 | The Compass Point

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. “Conservatives are fond of warning that a government program, once established, never dies,” […]

Read More

20 Years of “Free Trade” with China Share This

Oren Cass | Dec 10, 2021 | The Compass Point

The decision to welcome China into the World Trade Organization two decades ago still has its defenders—the Xinhua News Agency, for instance, and the American Enterprise Institute’s Jim Pethokoukis. “Most obvious are the consumer benefits from China … and how Chinese import competition encouraged many American manufacturing firms to invest and innovate more,” observes Xinhua, […]

Read More

The Work-Ethic Welfare State Share This

Oren Cass | Oct 15, 2021 | Social Insurance

Paul Krugman famously called the federal government “an insurance company with an army.” In this, unlike most things, he is not entirely wrong. When it comes to domestic policy, the lion’s share of government spending is social insurance payments (Medicare, Social Security, the SSDI disability program, unemployment insurance) and social assistance via the safety net […]

Read More