Robert Draper’s New York Times Magazine article last month spurred debates and discussions among conservatives about the role of digital media in politics. It revealed the frustrations of movement conservatives and political operatives about the results of the 2012 election. Technology, data and analytics were once again part of the …
Recognized this month with the National Religious Broadcasters’ Milestone Award for exemplary service, radio station KGLE has been providing inspiration for over 50 years to thousands of listeners who call North Dakota’s Bakken oil reserve and eastern Montana home. What’s remarkable is how the station has stayed afloat in today’s …
Humans have been using tires since the dawn of the automotive age. But today’s tires aren’t much like their predecessors. Instead of being made with natural rubber, for example, they’re fashioned from layers of materials, including textiles and steel. This is a perfect example of what economist Joseph Schumpeter meant …
Last night, the Cybersecurity Act of 2012 (CSA) failed to pass the U.S. Senate. The vote is already being portrayed as Republican obstructionism, even though five Democrats voted against the bill and four Republicans voted for it. Such rhetoric is being used to justify a cybersecurity executive order that mimics …
Wal-Mart made headlines last week for launching same-day delivery service in direct competition with Amazon.com. This new retail rivalry between the big boys—brick-and-mortar versus virtual—provides yet more evidence that no company, no matter its size, is immune from competition. That’s a lesson federal antitrust prosecutors ought to heed. The “Wal-Mart …
President Obama’s “You didn’t build that” comment has drawn much attention. The reactions from both the President’s defenders and his critics illustrate a profound misunderstanding about how the market actually allows us to cooperate. As Milton Friedman, echoing Foundation for Economic Freedom founder Leonard Reed, pointed out: “not a single …
The House is considering new legislation concerning economic espionage. While the private sector should play the key role in combating this, there is bipartisan support for policy measures—and with good reason. The U.S. relies on innovation. It has become more important in driving internal growth and, externally, America’s comparative advantage …
A District of Columbia city council member is calling on the city’s taxicab commission to allow competition to its “mediocre and unreliable” taxi services in the wake of a sting operation aimed at shutting down an innovative car service that officials say violates a number of city laws. If current …
Innovation and market disruption can be powerful forces for economic growth. But government involvement in the market tends to be a force against disruption, and hence a force against innovation. The drive to protect the dominant companies – often justified in the name of job preservation — prevents success for …
Silicon Valley is one of the few bright spots in the U.S. economy today, but a new report warns that Washington’s outdated regulation and antitrust policy threatens to stifle growth among innovative technology companies. The report, produced by the Progressive Policy Institute, analyzes the impact of acquisitions in the technology …