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Mandel for Medium: “Tech/Telecom/Ecommerce sector grew by 7.3% in 2018, Political Implications”

Many of the Democratic presidential candidates are vying to see who can be toughest on the tech sector. But here’s the paradox: New data shows that the tech boom is a major force driving down unemployment, lifting economic growth, and helping voters — precisely the people that the Democratic candidates are trying to reach. The…

Kim for Medium: “How to get more companies to put people over profits”

Corporate profits are soaring. Yet Americans’ paychecks are inching upward by comparison. It’s no wonder many Americans feel anxious despite an economy that, by the numbers, is booming. This disconnect between shareholders’ prosperity and workers’ precarity has led many on the progressive left to question the very future of capitalism. Some 2020 presidential candidates, such…

Long for Medium: “Under Legislation, Policymakers Would Micromanage Freight Rail Employment”

Republicans despise federal micromanagement, but that hasn’t kept Rep. Don Young of Alaska from hopping aboard the Washington-Knows-Best Express. He recently introduced a bill mandating that freight trains have a minimum of two crew members on board trains at all times. While Young justifies his bill on safety grounds, the bill also appears to reflect…

Tech/telecom/ecommerce sector grew by 7.3% in 2018: Political Implications

Is there room for a presidential candidate who stresses innovation and growth? Voters quite naturally want to see benefits from technology before they enthusiastically embrace more. As we have written in earlier reports, there are signs that digitization is starting to create new businesses and jobs in physical industries like manufacturing. Another political argument for…

Gerwin for Medium: “Trump Thinks ‘Trade Isn’t Tricky'”

When economic historians recount U.S. trade policy under Donald Trump, they’ll tell a cautionary tale. Like the current consensus that the Smoot-Hawley tariffs worsened the Great Depression and tanked global trade, future analysts will detail the negative economic effects of Trump’s go-it-alone trade policies. And historians will draw from a treasure trove of quotes from…

Kim for Medium: “The Dangers of Big Ideas and Small Tent Politics for House Democrats”

Emboldened by their conviction that the national zeitgeist is on their side, the progressive left is taking a harder line against House Democrats reluctant to embrace their agenda. Groups like the Justice Democrats, for instance, have signaled their intent to primary moderate members who don’t espouse signature liberal efforts such as the “Green New Deal”…

Bledsoe for USA Today, “Trump border emergency is fake and climate crisis is real. Guess which just got funded?”

Donald Trump funds 'emergency' border wall but relief for victims of wildfires, storms and other climate change-fueled catastrophes must wait. One emergency, the border wall, is fake, invented by a rogue president desperate for a political win no matter the price. Another, the climate crisis, is real, with tens of millions of citizen victims around…

Bledsoe for Forbes, “Green New Deal Must Grow Up Fast To Influence Bills Congress is Already Writing”

Little noticed in the media circus surrounding the mere introduction of a non-binding Congressional resolution on the Green New Deal was the deletion of much-criticized and plainly unachievable mandates contained in previous GND versions. Gone was the impossible diktat requiring 100% renewable energy for the entire economy by 2030. Missing was the politically suicidal and…

The Google GDPR Fine: Some Thoughts

The GDPR will mean big changes in the way that European and U.S. companies do business in Europe. As we noted at a recent privacy panel, rather than being a matter of speculation, its economic impact has become an empirical question. Will the tighter privacy protections of the GDP slow growth and innovation, as skeptics…

Bledsoe for the New York Times, “Going Nowhere Fast on Climate, Year After Year”

Three decades after a top climate scientist warned Congress of the dangers of global warming, greenhouse gas emissions keep rising and so do global temperatures. Thirty years ago, a NASA scientist, James Hansen, told lawmakers at a Senate hearing that “global warming is now large enough that we can ascribe with a high degree of…