
Students from China Are Essential for America
An appropriately curated student visa policy in vital research fields like AI and quantum can combine careful risk management with common sense. The benefits to the U.S. will last for generations.
A recent poll showed that 88 percent of American voters worry that the rapid pace of Beijing’s technological advancements will give China military superiority over the U.S. One way to make sure that this dire prediction comes true is to ban Chinese and other foreign students and researchers from studying here.
Try to imagine the Manhattan Project without German refugee scientists like Hans Bethe, or another refugee from an Axis power, Enrico Fermi. Or try to imagine America’s ballistic missile program, including the moonshot, without German scientists like Wernher von Braun. There are times when scientists and researchers from other countries, even nominally hostile ones, can be crucial to the development and maintenance of America’s technological edge.
There are plenty of reasons for America to be concerned about China, including its command-and-control government, its technology theft and its inequitable trading practices. The arrest in June of two Chinese student researchers from the University of Michigan, for allegedly smuggling biological pathogens into the U.S., underlines the importance of making sure that Chinese students and scientists aren’t getting into our country in order to do us harm.
Economic Dynamism

Automated Detection of Emotion in Central Bank Communication: A Warning
Can LLMs help us better understand the role of emotion in central bank communication?

Defending Technological Dynamism & the Freedom to Innovate in the Age of AI
Human flourishing, economic growth, and geopolitical resilience requires innovation—especially in artificial intelligence.

Firm Investment and the User Cost of Capital: New U.S. Corporate Tax Reform Evidence
This working paper analyzes the Tax Cuts and Jobs Act of 2017 to examine how corporate tax reform impacts rates of investment.

It’s Not Easy, but We Can All Learn to Think like Adam Smith
To truly understand what a dynamic economy requires, we would do well to recover the 18th-century sensibility that understood dynamism as a social and cultural phenomenon as much as an economic one.

Free Markets, Economic Growth, and the Restoration of Civic Culture
It is cooperation, not oppression, that is so deeply embedded in our way of life.

AI on the Brain
A new study predicts a "likely decrease in learning skills, as LLMs reduce the cognitive effort required for writing," translating to poorer long-term knowledge retention.