Innovation: The Key Economic Growth

Once again, the American public seems to have a better grasp on macroeconomics than does our legislature. American citizens by and large believe that piracy and counterfeiting kill jobs and damage the economy. The recent release of The Property Rights Alliance annual “International Property Rights Index” marked a subtle upswing in the United States’ approach […]

Innovation Drives Growth

Apple’s iPhone 5 has become available to the public for presale. This may seem like a non-event to some, but it’s important to note what Apple, with the introduction of the iPod and iPhone, created and have nurtured. The iPhone is a technological marvel—really, the first of its kind smartphone that has spawned an entire […]

Increased Privacy or Decreased Innovation?

Recently, the House’s Committee on Energy and Commerce held a hearing on privacy and the new regulations and guidelines being proposed by the Federal Trade Commission (FTC) and the National Telecommunications and Information Administration (NTIA), including the Obama administrations desire for a Privacy Bill of Rights. At the heart of the hearing was whether the […]


The President is set to sign the JOBS Act today, a bill that has promised to jump start entrepreneurship and investment in startups. Among the many features, this new law would open up a new source of funding for small businesses and entrepreneurs who are looking to raise capital, but have been stonewalled by the […]

The Hill’s Congressional Blog: Improving Small Business Access to Private Capital Will Create Jobs

On the surface, last month’s economic indicators introduce a dose of positivity into the market: the private sector added 200,000 jobs and the unemployment rate dropped to 8.5 percent, its lowest point since February 2009. But take a closer look and you’ll see that small businesses are still struggling to catch up, as tight access […]

Information Technology Innovation Can Move the Jobs Needle

Our anemic economy needs meaningful job creation.  In the ‘90s Information Technology (IT) related innovations created many jobs and boosted productivity by 1-2%, enough to allow for good income growth.   In the 3rd quarter of 2011 income grew just 0.1%.   Within the next 5-10 years there are innovations whose total scale offers hope.  Some build-out […]

New Medicare Program Will Lead to More Costs Than Benefits for Some Homebound Patients

The Centers for Medicare & Medicaid Services (CMS) is implementing a bidding program that it hopes will lead to lower-priced devices and drive down Medicare costs for the homecare patients.  However, auction bidding experts have overwhelmingly found that the current program will lead to below-cost pricing, which would adversely affect supply.  The resulting decrease in […]

Cloud Computing: Pervasive Impact Likely for Consumers

Information technology-using consumers are seeing a deluge of useful, fast-to-arrive applications.  Chatter about “app stores” and data charges in mobile wireless bills might lead us to think that smart phones and tablet computers explain the deluge.   That’s only half-right – phones and tablets are good consumer devices for delivering applications, but Cloud Computing plays an […]