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.
Fairness Regulations Chill Free Speech
Under fairness or neutrality regulations for the internet, the most likely result is a chilling effect on internet free speech, under which platforms cannot run the liability risk of allowing political speech on their platforms.
The First Manned Spaceflight by a Private Company
In America, where economic freedom and entrepreneurship can still fuel even the biggest of dreams, free enterprise is taking us into space.
The First Manned Spaceflight by a Private Company
American taxpayers are getting a safer, more advanced and much less expensive manned space program. And the key is the private sector.
Free Enterprise, Not Government Bureaucracy, Is Returning Americans to Space
Because of the superiority of entrepreneurship and free enterprise to government bureaucracy, America’s best days in space are just beginning.
Video Games Thriving During Covid-19, Threatened by Regulation
Even before the global pandemic, video game industry growth was on a tear. It innovates useful technology and creates high-paying jobs. We should be vigilant against uninformed efforts to unnecessarily regulate or restrict its growth and innovation.
The Digital Divide Is Closing (and Free Markets and Capitalism Did It)
It turns out that free-markets work to promote innovation, new products and services, and more competition.
There are More G's On the Way
Plans for “10G” are now underway as the demand for broadband and the need for uninterrupted connectivity continues to grow rapidly.