Potomac Institutefor Policy Studies

Research Topic

Economic Security

Supply chains, industrial base and trade.

9 publications

  • BookSep 30, 2026

    Economic Security · Global Competition, National Security & Defense

    War By Other Ledgers: A Compilation of Articles on Modern Economic Statecraft

    This book grew out of several years of work under the Institute's Global Competition Project. Its chapters expand on an 11-part article series with War on the Rocks, exploring how the United States might evolve contemporary economic statecraft into strategy and practice.

    Tim Welter (ed.), Jennifer Buss (ed.), Kimberly Sloan (ed.)

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  • OpinionApr 23, 2026

    Cyber & Data · Economic Security

    Seeing the Cyber in Economic Statecraft

    The seventh article in an 11-part series with War on the Rocks on economic statecraft. Americans lost nearly $21 billion to cybercrime in 2025, a new record for cyber-enabled economic losses.

    Jason Blessing

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  • PaperJan 23, 2026

    Semiconductors & Microelectronics · Diplomacy & Alliances, Economic Security

    US Trusted Semiconductors and the Role of Europe

    The US semiconductor supply chain relies heavily on non-US markets and suppliers for a host of activities related to manufacturing. While Europe accounts for only 10 percent of the global semiconductor supply chain, the US and European semiconductor industries and supply chains are tightly intertwined.

    Jason Blessing

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  • ReportDec 16, 2025

    Economic Security · Global Competition

    2025 Economic Statecraft Summit Report

    On October 23-24, 2025, the Institute and Texas A&M University's Bush School of Government and Public Service hosted the Fifth Annual Summit on Economic Statecraft, “Navigating a Reset of the Global Economic Order.” Analysis of the discussions resulted in seven key themes with eleven recommendations.

    Tim Welter, Jason Blessing, William Norris, Joshua Stinson

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  • STEPS Journal ArticleIssue 11 · July 2025

    Economic Security · Global Competition, National Security & Defense

    Leveraging Strength in Economic Statecraft

    There was once a time when it was assumed that China would move toward liberal democratic institutions and, with that, pursue a more open capitalist economy. This assumption was based on the argument that as China grew richer through capital investment and market-driven economic expansion, its population’s values and outlook would become more Westernized.

    Francis A. Finelli, Timothy Welter, PhD

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  • STEPS Journal ArticleIssue 10 · December 2024

    Economic Security · Science & Technology Policy

    Technology Opportunities for National Prosperity

    Advances in science and technology present key moments for economic growth. Technological breakthroughs represent opportunities to make targeted public investments and introduce policies that accelerate time to market and incentivize market uptake, maximizing benefits for the domestic economy.

    Rosalie Loewen, Robert Hummel, PhD

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  • STEPS Journal ArticleIssue 10 · December 2024

    Science & Technology Policy · Economic Security

    The Detrimental US Tax Policy on Research and Development

    The US Tax Code allows businesses and taxpayers to deduct what are called “research and experimentation expenses” from their income before paying taxes, provided those expenses are “qualified,” according to Section 174 of the tax code. In addition, Section 41 permits a tax credit for increases in research and development (R&D) expenditures over a baseline amount, as long as those expenses qualify under Section 174 and satisfy certain other conditions.

    Robert Hummel, PhD

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