Policy Brief

The California Tech/Info Boom: How It Is Spreading Across the State

Here’s an astounding fact. Since the recovery started in 2009, California businesses have created 1.5 million new private sector jobs. That puts California number one…

Dynamic Scoring and Infrastructure Spending

We review recent trends in federal infrastructure spending and the policy case for dynamic scoring of revenue and spending legislation. The use of dynamic scoring…

Uncovering the Hidden Value of Digital Trade: Towards a 21st Century Agenda of Transatlantic Prosperity

The United States and the European Union enjoy one of the healthiest trade relationships on the planet. The nearly $1.06 trillion [€770 billion] of goods…

The BEPS Effect: New International Tax Rules Could Kill US Jobs

Tax avoidance by multinationals, and the creative use of loopholes, has long been part of the international tax system. Governments have usually responded with targeted…

The Blame Game: Multinational Taxation in an Era of Knowledge

U.S.-based companies such as Google, McDonalds, Starbucks, Apple, and Mi-crosoft are being attacked by European politicians for not paying their fair share of taxes. For…

Creating New Pathways into Middle Class Jobs

Many policy ideas on how to reduce income inequality and improve the upward mobility of low-income Americans are gaining popularity, on both sides of the…

The Digital Opportunity: Democratizing Trade for the 99 Percent

Trade critics often charge that proposed trade agreements like the Trans Pacific Partnership (TPP) essentially serve the one percent—while harming virtually everyone else. But new…

London Shines in Tech/Info Employment; The Rest of the UK Struggles

Approximately one year ago, I undertook a study of the London tech/info economy, together with Dr. Jonathan Liebenau of the London School of Economics. In…

Copyright in the Digital Age: Key Economic Issues

The bounds of traditional copyright are being stretched and broken by technological change. The ease of digital copying, combined with new forms of creativity and…

Taxing Intangibles: The Law of Unintended Consequences

Can efforts to put new and stricter tax rules on tech and other knowledge companies actually backfire and hurt global growth? There’s a sense of…