IPI Ideas

Foreign relations and the international system have long been guided by two dominant powers: the United States and Russia. But the war in Ukraine is economically and militarily weakening Russia, even as China is striving to become one of the two or three dominant powers—it's not THE dominant power. The United States is faced with a choice: isolationism, globalism or, the best option, strategic engagement. 

Critics of privately funded “joyrides” to space fail to understand that for decades government has been lost in space, taking much too long and spending too much money to accomplish too little. Government driven space policy will always be subject to shifting political whims and budget priorities, while market based space exploration is driven by opportunity for real gain and disciplined by competition and market forces. Today’s wealthy “early adopters” of space ventures are the first step in a process that will lead to greater, faster and broader opportunities in space for many.

If state and local government employees were to substitute more biosimilars for brand name biologic drugs, governments could save millions of dollars in tight budget times.

Importing prescription drugs from Canada or other countries is no safer today than it was more than a decade ago.Importation proponents used to say “show us the bodies” of people harmed by importation. Sadly, today we can.

Democrats now propose a single-payer health care system to fix the problems largely created by their last health care reform effort: Obamacare. They won't tell you about the problems with single-payer, we will.

There is no reason for principled conservatives to oppose private sector use of eminent domain, so long as it is reserved for a public use and includes just compensation. In fact, private sector infrastructure should be preferred over taxpayer-funded, government infrastructure. Through private sector development of infrastructure, we can grow the economy without growing the government.

Policies that support innovation and creativity should be priorities for the U.S. government, especially in trade agreements.

The U.S. Senate will shortly face an attempt to misuse the Congressional Review Act (CRA) to re-impose Title II regulations on the internet. This approach is ill-considered, and is likely to backfire on its proponents.

President Trump hopes to make tariffs great again. But economists learned several lessons from the past big tariff push in the 1930s. Here are some of those lessons.

Sen. Bernie Sanders has an amendment to allow prescription drug importation, even though numerous officials assert it's unsafe, and the vast majority of Americans have prescription drug coverage.