Business/Technology Explainer: What is the Cloud? Key Points Big Tech has developed valuable software applications to store and manage data anywhere in the world There is a vigorous national and global debate about protecting consumer data and national security as copies of data can be kept anywhere in the world The four cloud computing companies…
The November Currency Misalignment Monitor found dollar overvaluation rising further, to reach 16.8% against the basket of 33 other currencies included in our model.
What is the difference between an undergraduate international trade economics class and a graduate-level class? The difference is that in an undergraduate economics class they teach you that the ideal level of tariffs for any country is zero. Free trade rules! But in a graduate-level class, they teach you that tariffs can help a nation…
The October Currency Misalignment Monitor shows that dollar overvaluation rose yet again last month, reaching 15.8% against the basket of 33 other currencies included in our model.
Note: This version is updated with results for additional tax revenue and a retaliation scenario. Key Points CPA modeled former President Trump’s recent proposal regarding a 10% universal tariff. Our simulation finds that the tariff change would increase economic growth and create opportunity for Americans through increasing incomes and job creation. Under the proposal, real…
Recently, we’ve seen a barrage of attacks on the pro-manufacturing policies enacted by Congress in the past two years. According to The Economist magazine, the world is supposedly in the grip of a manufacturing delusion. There is no delusion. On the contrary, it is a delusion to believe that a nation in the 21st century…
Last month, the Wall Street Journal published an attack on Joe Biden’s industrial policies arguing that Bidenomics “needs more…economic theory or research.” This theme has been picked up by numerous other media publications. Economist and former Treasury Secretary Larry Summers appeared on a Peterson Institute video to argue that restrictions on free trade, such as…