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For the past half century, the United States has been the world’s scientific and technological leader: American multinationals are at the forefront of commercial technologies; U.S. exports are disproportionately from sectors that rely extensively on scientific and engineering workers; leading-edge technologies play an important role in sustaining rapid U.S. productivity growth; and technological prowess is a key source of U.S. military might. But much evidence points to an erosion of U.S. dominance in science and engineering. The American share of science and engineering graduates is declining rapidly, and new centers of technological excellence are forming in Europe and Asia. What do these developments portend for U.S. economic leadership? How should the United States respond to an erosion of its technological dominance?
 
These and other questions will be addressed by Professor Richard Freeman of Harvard University. Mr. Freeman will draw on his recent study, “Does Globalization of the Scientific/Engineering Workforce Threaten U.S. Economic Leadership?” Professor David Weinstein of Columbia University and AEI visiting scholar Steven J. Davis will respond. Kevin A. Hassett, AEI’s director of economic policy studies, will moderate.