Shooting Down the Flying Geese Theory of Trade
Although neoliberal globalists are often said to be opposed to industrial policy and strategic trade, that is not necessarily true.Ā Neoliberals of the kind who have dominated U.S. policy under the two Bushes, Bill Clinton and Barack Obama are not orthodox anti-government libertarians.Ā They support a particular kind of industrial policy, whose emblem is not the American eagle but the Japanese goose.