A growing economy creates jobs, raises living standards, maintains global competitiveness, and thus engenders positive attitudes and optimism about the future.
While many policymakers seem intent on focusing on either economic stimulus or austerity, IPI believes that the economy can grow consistently and at higher rates than we’ve experienced in the last decade, and we reject the idea that economic growth contains within itself the seeds of its own demise through inflation, the business cycle, and erroneous Phillips Curve assumptions. Therefore, economic growth should be elected officials’ primary policy goal at the federal, state and local levels, and it’s the organizing principle of our policy work at IPI.
Whatever limitations may exist on economic growth, they should not be self-imposed through counterproductive tax policy, overbearing regulations, ill-conceived monetary policy, trade protectionism, or hostility toward skilled and ambitious immigration.
Giovanetti Defends Eminent Domain for Private Companies, Urges Lawmakers to Maintain Neutrality
IPI's Tom Giovanetti testified before the Texas House Land and Resource Management Committee to address the state’s eminent domain statutes. He defended the rights of private companies to have the power of eminent domain for public use projects, and called on policymakers to remain neutral in how eminent domain is applied to private industries.
A Snapshot of the Trump Economy
The economy grew under President Obama, but slowly and sporadically. However, several economic indicators demonstrate that President Trump's embrace of free market principles has noticeably spurred hiring, investment and confidence.
In Pictures: Trump's Market-Driven vs Obama's Shackled Economy
In Trend Tracker: A Snapshot of the Trump Economy, released today by the Institute for Policy Innovation, 10 graphs presenting economic data, consumer confidence and public opinion paint an irrefutable picture of the economic improvements made by the current administration’s market-oriented agenda.
Public Knowledge Pans Post-NAFTA Mexico Trade Agreement
The Institute for Policy Innovation has said it is "critical" that "any revision of NAFTA includes strong, updated protections for IP goods and services."
NAFTA Without IP Consideration is 'Not a Better Deal' Warns IPI President
If the new North American Free Trade Agreement (NAFTA) doesn’t improve intellectual property protections, then it’s not a better deal, according to the Institute for Policy Innovation (IPI).
A New NAFTA Must Enhance IP Protections
If a new NAFTA doesn’t improve intellectual property protections, it’s not a better deal, says a new publication released today by the Institute for Policy Innovation.
Who Pays Tariffs?
Who pays the Trump tariffs? Americans, that’s who—as importers of tariffed products, businesses that buy those imported items, and, ultimately, consumers.
State Needs Good Schools to Keep Business Booming
The trick is keeping an eye on potential challenges to the good news. For instance, education — the training of minds, the cultivation of skills. The news here is less celebratory.
Trump Accomplished American Energy Dominance - Then Gambled It On A Trade War
If the U.S. and China don’t defuse this conflict, China’s retaliatory tariffs could hammer America’s booming energy industry, wiping out thousands of current or future oil and gas jobs.
Time for Congress to Take Back Its Tariff-Imposing Authority
The U.S. Constitution empowers Congress, not the president, to impose tariffs. It's time to return that power to its rightful legislative branch.