I enjoyed your thorough overview of Biden’s new legislation as the election nears. It seemed to me that you argued at one point that the plan doesn’t focus enough neither on the long run nor the short run. Is this contradictory, or is the initiative just ineffective in both regards? I also wonder about how the directive balances Buy American, decreasing our dependence on foreign nations, with maintaining supply chains abroad which strengthens America’s resilience in case of domestic issues. Love to hear your thoughts!
I am claiming that many of the solutions deal with the symptoms rather than some of the more structural issues. I am also claiming that most firms will not follow since in the short run, they will see no payoff from investing in resilience.
Thank you Professor Allon for your analysis on White House Directive on Supply Chain. Do you think its possible to incentivize companies to invest in Open APIs, selected data sharing in Supply chain similar to Open Banking?
Professor Allon,
I enjoyed your thorough overview of Biden’s new legislation as the election nears. It seemed to me that you argued at one point that the plan doesn’t focus enough neither on the long run nor the short run. Is this contradictory, or is the initiative just ineffective in both regards? I also wonder about how the directive balances Buy American, decreasing our dependence on foreign nations, with maintaining supply chains abroad which strengthens America’s resilience in case of domestic issues. Love to hear your thoughts!
I am claiming that many of the solutions deal with the symptoms rather than some of the more structural issues. I am also claiming that most firms will not follow since in the short run, they will see no payoff from investing in resilience.
Honestly, I’m just happy to see action being taken towards the supply chain by our government even if it’s just a first step.
Really enjoyed the read and learned a lot. Thank you!
Thank you Professor Allon for your analysis on White House Directive on Supply Chain. Do you think its possible to incentivize companies to invest in Open APIs, selected data sharing in Supply chain similar to Open Banking?
Thanks Jeffrey and excellent points! it will be interesting to see how (or whether) it will be actually implemented.