U.S. Public Policy

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Transparency as a Competitive Advantage: Think Very Carefully About Communicating Your Data Sharing Initiatives

In the weeks following revelations that the U.S. National Security Agency's domestic spying network taps the electronic and telephone communiqués of so many Americans, consumers have intensified their concerns about corporate complicity in government data snooping. That leads to the question: Are we at the beginning of a consumer backlash that will stymie data-sharing? Or is it inevitable that we're moving into a new era of diminished privacy?

Image courtesy of Flickr user Worldizen.
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A Hotter Climate Limits Growth

It seems pretty obvious that droughts and hot weather hurt agricultural output and growth, but MIT professor of economics Benjamin Olken asserts that even localized hot spells can significantly damage long-term economic growth in developing countries. In a recent paper published in the American Economic Journal: Macroeconomics, Olken and his colleagues found that every 1 degree Celsius increase in temperature in a poor country reduces economic growth by around 1.3 percentage points, and that higher temperatures also may reduce the rate of growth.

Enrico Moretti, courtesy of Houghton Mifflin Harcourt
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The Multiplier Effect of Innovation Jobs

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  • Read Time: 3 min 

Because of a multiplier effect, each new high-tech job in the U.S. creates five additional jobs in the service economy, says economist Enrico Moretti.

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Asia, the U.S., and innovation

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There’s plenty of optimism to be heard about Asia’s innovation future — but less optimism about the U.S.’s ability to maintain its historical innovation leadership in the 21st century.

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Stimulus for innovation?

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Some argue that any U.S. economic stimulus package should include an emphasis on spending to promote innovation.

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