(Foundational) Science, Technology and Innovation

Move Fast and Regulate Later: The Paradox of China’s Economic Dynamism AA

By By Carl Benedikt Frey July 31, 2026

Principles of Government · August 24, 2025 ·

By Carl Benedikt Frey July 31, 2026 – How does a country with such casual regard for the rule of law produce so much dynamism?…The answer is that the rule of law, in China …is not one thing. It has a liberal side—secure property rights, courts that constrain the state… It also has a regulatory side that can wall off competition… America used to be alive to this distinction. It is no longer…….CHINA’S DYNAMISM does not come from the absence of law. It comes from the sequence in which laws are enacted. The Communist Party allows firms to scale in regulatory gray zones, when a sector serves growth, employment or strategic competition….The pattern recurs: firms scale first; law and politics arrive later, often together…. Dynamism occurs when newcomers can innovate before lawyers—or regulators—arrive….…But every rule proposed today should be tested against a simple counterfactual: had it been on the books a decade ago, would the firm we are now regulating have ever been built? Read More

The AI Revolution Will Bring Prosperity AA

By Phil Gramm and Michael Solon Nov. 2, 2025

Principles of Government · August 24, 2026 ·

By Phil Gramm and Michael Solon Nov. 2, 2025 – Amid all the pessimism and calls for government protection, it’s important to remember that our only window into the future is the past. From the colossal changes wrought by the Industrial Revolution to the Digital Revolution of the last quarter-century, improvements in technology have created an array of jobs that far exceeded—in quantity and quality—the ones eliminated, elevating standards of living. History offers cautionary tales of how special interests and public fear can spawn government policies that delay progress and raise the cost of the transition. Read More

There’s a New Way of War, but Is It Evolution or Revolution? AA

By Yaroslav Trofimov July 7, 2026

Principles of Government · July 14, 2026 ·

By Yaroslav Trofimov July 7, 2026 – The key feature of the war between Russia and Ukraine, and likely of other major conflicts to come, is that what used to be cutting-edge weapons and technologies becomes outdated within months. “If you have an adaptive adversary, it’s the speed of iteration and the rate of learning that matter, rather than the technology per se,” Mosley added….One example of adaptability is Ukraine’s new procurement system for drones, which account for over 90% of enemy losses, electronic warfare systems and some other key weapons. It is fundamentally different from how Western militaries, with their centralized defense budgets, operate. Read More

Scott Bessent: Hamilton Inspires Trump’s Economic Statecraft AA

By Scott Bessent - June 23, 2026

Principles of Government · July 13, 2026 ·

By Scott Bessent – June 23, 2026 – Economic security begins with the capacity to build, invent, finance and scale the industries that will define the next century, among them semiconductors, artificial intelligence, quantum computing, advanced manufacturing, shipbuilding, critical minerals and pharmaceuticals. More than economic sectors, these are sources of national power. The U.S. must lead in all of them. Read More

America’s Exorbitant Privilege AA

By Paola Sapienza – 10 27 2025

Principles of Government · October 28, 2025 ·

By Paola Sapienza – 10 27 2025 – We can continue leveraging America’s exorbitant privilege in the global talent market, or we can retreat into protectionism that hands our competitive advantages to countries eager to welcome the talent we reject. If the United States wants to remain the world’s innovation leader, it must continue to welcome those willing to take the leap, cross oceans, and devote their lives to discovery. Our edge is selection from a larger global pool. Closing the door shrinks our innovative future. The choice is openness or stagnation. …In a globally competitive economy, the countries that win will be those that can assemble the best teams, regardless of where team members were born. The United States has spent decades building this capability. We abandon it at our peril—and we certainly shouldn’t abandon it in a way that strangles the startup ecosystem that made it possible in the first place. Read More

There’s a New Way of War, but Is It Evolution or Revolution? AA

Scott Bessent: Hamilton Inspires Trump’s Economic Statecraft AA

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Characteristics of Government

Principles of Good Government

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