Publications / The Knowledge Economy

Publications

Policy Memo

By / 11.29.2018

The U.S. economy almost certainly has a problem with rising market power. A bevy of recent economic studies show that concentration in many sectors of the economy has increased over the past 20-30 years. These increases in concentration have been convincingly linked to such economic ills as rising prices, weak productivity growth, stagnant real wages, […]

Political Memo

By and / 11.14.2018

The Progressive Policy Institute (PPI) today released a national opinion survey that highlights the surprising resilience of America’s pragmatic political center two years into Donald Trump’s deeply polarizing presidency. The poll reinforces a key takeaway from the 2018 midterm elections: Suburban voters – especially women – are repelled by the president’s racial and cultural demagoguery […]

Policy Memo

By / 10.17.2018

As of March 2019, the United Kingdom will have the status of a “third country” from the perspective of the European Union and the General Data Protection Regulation (GDPR). Will the EU accept that UK data protection standards are high enough to grant them the status of “adequacy,” which will allow data to flow more […]

Policy Memo

By / 9.13.2018

Americans justifiably have long taken great pride in the unmatched ability of the U.S. economy to enable entrepreneurs to launch and grow highly innovative companies that drive growth and advance living standards. Bold entrepreneurs and the companies they founded brought us modern communications, airplanes, automobiles, computer software and hardware, and electricity and other forms of […]

Policy Memo

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 […]

Policy Memo

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 […]

Political Memo

By and / 6.19.2018

Digital platforms, also known as “online intermediation services,” are increasingly important for European businesses, bringing wide-ranging benefits to both individual consumers and to the participating companies. More and more new platforms are arising – in areas such as manufacturing and healthcare. Not surprisingly, as digital platforms have become more numerous and significant, they have come […]

Policy Memo

By and / 5.29.2018

In recent years, innovation has become synonymous with digital companies such as Apple, Google and Amazon. The Internet, the smartphone, and the cloud have transformed daily life and the way we do business, and artificial intelligence and machine learning will continue the process. Nevertheless, overall productivity growth remains sluggish. The reason is simple: The digital sector […]

Policy Memo

By / 5.21.2018

A “College Finance Innovation Fund” could accelerate ideas to lower debt and make schools more accountable for their graduates’ success For many students, the burden of student debt lingers years after leaving college, dragging down their finances and household security. New federal data find that, 12 years after enrollment, students with debt still owed, on […]

Policy Memo

By / 5.15.2018

Apple’s introduction of the iPhone in 2007 initiated a profound and transformative new economic innovation. While central bankers and national leaders struggled with a deep financial crisis and stagnation, the fervent demand for iPhones – and the wave of smartphones that followed – was a rare force for growth. Today, there are five billion mobile […]