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Economy

Publications

By / 8.7.2018

It is relatively easy to digitize a song or a bank account. Yet fully digitizing physical industries such as manufacturing and agriculture has proven much more challenging. Manufacturers have taken the first step towards digitization by putting sensors into existing products such as turbines and tractors and using the resulting data to improve performance. The […]

By / 7.24.2018

Since 2016, the Ministry of Internal Affairs and Communications (MIC) and the Japan Fair Trade Commission (JFTC) have tried to promote more competition in the mobile market in order to encourage economic growth and promote fairness. In particular, the government agencies have restricted handset subsidies in an effort to lower rates. The results of these policies have […]

By / 6.27.2018

In the aftermath of President Donald Trump’s election and inauguration, former Democratic presidential candidate Sen. Bernie Sanders urged Democrats to remake themselves as warriors in opposition to big business as the strategy for winning back voters. “We need to … make it crystal clear that the Democratic Party is going to take on Wall Street, […]

Press

By / 9.2.2018

More bureaucracies in Washington won’t do much to improve lives. The public-sector success stories of today are the nimble and innovative metro regions. “Go West, young man,” New York Tribune editor Horace Greeley famously urged soldiers coming home from the Civil War and wondering what to do with the rest of their lives. In that […]

By / 8.28.2018

They’re a tempting alternative to raising taxes, but their long-term costs far outweigh the revenue they bring in. Raising taxes is painful. That may be why, since 2010, 47 states and a number of cities have instead raised both civil and criminal fines and fees. These increases are often viewed as a conflict-free way to […]

By / 8.27.2018

Geography is a barrier to higher education for tens of millions of rural Americans. A few states have hit on an innovative solution. fter graduating from her rural Pennsylvania high school in 2005, Tesla Rae Moore did what many, perhaps most American high school seniors today expect to do: she left home for college with […]

Blog

By / 8.15.2018

This week, Sen. Elizabeth Warren (D-MA) unveiled new legislation aimed at turning American’s largest companies into better corporate citizens. Under Warren’s “Accountable Capitalism Act,” companies earning more than $1 billion a year in revenues would be required to obtain a new federal corporate charter her legislation would create. Among other things, this charter would mandate […]

By / 8.9.2018

On July 17, 2018, the European Union and Japan formally signed a landmark agreement on trade. This watershed agreement underscores the strong desire of the EU and Japan to benefit their citizens and economies by aggressively pursuing open, rules-based trade. When ratified by their respective legislatures, the Economic Partnership Agreement (EPA) signed in Tokyo by […]

By / 8.8.2018

WASHINGTON—Manufacturing productivity, on the decline for two decades, could be on the upswing and the sector could be on the verge of a significant transformation, according to a new report authored by PPI Chief Economic Strategist Dr. Michael Mandel. This shift hinges on an alternative digital future for manufacturers – one built around innovations in other […]