American Action Forum

American Action Forum

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A policy institute with forward-looking research on: Education, Regulation, Economy, Foreign Policy,

China’s R&D Rise and the Future of American Discovery - AAF 05/23/2026

For decades, the United States assumed the world’s next great discovery would happen here, thanks to strong universities, federal labs, private capital, IP protections, and global talent. New R&D and patent data now challenge that assumption.

China’s R&D Rise and the Future of American Discovery - AAF For decades, the United States has relied on a simple but powerful assumption: The world’s next great discovery was more likely to happen here than anywhere else. That assumption rarely relied on luck. It reflected a deep and unusually productive ecosystem of universities, federal laboratories, pr...

Whiskey and Car Keys - AAF 05/22/2026

Some days it does not pay to read the papers. The Trump Administration plans to invest $2 billion in nine quantum computing companies using CHIPS Act funds. Apparently, startups like IBM and GlobalFoundries desperately need taxpayer money.

Whiskey and Car Keys - AAF Some days it does not pay to read the papers. There it was, on the (figurative) front page of the Financial Times (FT): US to invest $2bn in nine quantum computing companies. AAAAAAaaaaaarrrrrrrrrrgggggggghhhhh! The Trump Administration is taking more misbegotten equity stakes in companies. Yes, yes...

05/21/2026

Here’s the Weekly Economic Tracker! Douglas Holtz-Eakin discusses this week’s economic news.

Tariff Refunds: Will Consumers Benefit? - AAF 05/21/2026

As importers begin receiving IEEPA tariff refunds through CBP’s CAPE portal, concerns are growing over who ultimately benefits from the reimbursement process.

Tariff Refunds: Will Consumers Benefit? - AAF Executive Summary On April 20, Customs and Border Protection (CBP) launched the Consolidated Administration and Processing of Entries (CAPE) portal to automate the process of refunding U.S. importers for International Emergency Economic Powers Act (IEEPA) tariffs. As U.S. importers – primarily con...

When and How Competitors Can Play Nicely - AAF 05/20/2026

AI partnerships, algorithmic pricing, and industry information exchanges are forcing antitrust regulators to rethink how competitors can legally collaborate without colluding.

When and How Competitors Can Play Nicely - AAF Everything is more complicated than you, or at least I, think. As a result, it is not uncommon to read an analysis and think, “I never thought of that.” This happens to me about 14,675 times a week. So, when Fred Ashton offered up “AI, Algorithmic Pricing, and Information Exchanges: Updating t...

AI, Algorithmic Pricing, and Information Exchanges: Updating the Collaboration Guidelines - AAF 05/20/2026

The DOJ and FTC launched a public inquiry on competitor collaborations following the withdrawal of the 2000 guidelines. New guidance could help smaller firms avoid antitrust risks while supporting innovation and research partnerships.

AI, Algorithmic Pricing, and Information Exchanges: Updating the Collaboration Guidelines - AAF Executive Summary The Department of Justice’s Antitrust Division and the Federal Trade Commission have launched a joint public inquiry regarding potential guidance on collaborations among competitors. This request for information is intended to help the agencies develop new guidance after they wit...

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