Economists have long recognized that technological innovation and enhanced communication increase productivity and reduce friction in economic activity. And never before has technology’s impact on economic growth been as evident as it is today.
At IPI, we focus on technology and communications policy not only because it’s critical to economic growth, but also because government’s inherent tendency to regulate prospectively poses an active threat to the economic gains and lifestyle enhancements made possible by technological innovation.
The communications and technology industries are among the country’s most competitive and the biggest capital investors in the U.S. economy, and are thus prime engines of economic growth and job creation. It is critical that public policy encourages continued innovation and investment in the tech sector, and that we don’t limit the innovation upside with counterproductive taxes and regulations.
Apple-Samsung Wars Are Hurting Innovation
By directing its energies toward tying up its competitors' time and resources in endless court battles, Apple mires the industry in litigious quicksand, diverts resources from innovation, and deprives consumers of new products and services.
In Aereo, the Supreme Court Gets It Right
The Aereo decision is a victory for property rights and the rule of law, rather than the triumph of entrenched interests over disruptive innovation.
Time for Congress to consider H1-B visa reform
Skilled immigrants are good for the economy and for your pocketbook.
PITFA Moves to House Floor After Judiciary Markup Some Committee Members Seek MFA Review
If the moratorium were "allowed to expire, states would begin to collect taxes on Internet access, or apply other discriminatory taxes that may already be in place but which have been held at bay during the moratorium," said IPI's Bartlett Cleland.
IPI Applauds House Judiciary Committee Efforts to Make Permanent Internet Tax Moratorium
IPI applauds efforts made today by the House Judiciary Committee moving forward on making the Internet tax moratorium permanent and refraining from introducing other issues that likely would have ended its progress in the House.
Movement of the Permanent Internet Tax Moratorium
Hopefully, the next step on the right path will be taken with the House Judiciary Committee deciding that the Internet tax moratorium must continue.
Lift H1-B Cap
A new study from academic economists at Colgate University and UC-Davis shows wages rise fastest in U.S. cities with the greatest influx of highly skilled immigrants.
State Telecom Activities
Illinois Gov. Pat Quinn signed HB-2453 into law Friday, letting Chicago increase its monthly 911 charges on wireline, wireless and prepaid cellphones. The measure, which took effect immediately, has come under attack from free-market groups like the Institute for Policy Innovation, which said the increase could produce more than 911 needs and be used for other purposes like bolstering the city's pension fund.
Et tu, Governor Quinn?
By Monday Illinois Governor Quinn must approve or deny a scheme that may well leave him in a similar, if less dramatic, situation as Nero.
Can't We All at Least Agree on One Immigration Reform?
A new study shows that more highly skilled workers increase wages for everyone. It's a good reason to pass at least limited immigration, but politics may trump economics.
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