Industrial Policy

Marco Rubio Takes on Deindustrialization and Race Share This

Samuel Hammond | May 27, 2020 | Economics

Re: Deindustrialization, racial discrimination, and the case for common good capitalism

The decline in American manufacturing hurt workers of every racial background.

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Japan Offers a Compelling ‘Back to the Future’ Model Share This

Marshall Auerback | May 14, 2020 | Industrial Policy

Japan has announced newly defined restrictions on foreign investment, which at face value, seem to violate the provisions of the World Trade Organization agreement.  Of course, Tokyo has crafted these restrictions on the vague grounds of “national security”, which is likely to take on a substantially different meaning in light of the coronavirus pandemic. Hence, […]

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Government, Not Markets Can Best Pick Winners Share This

Rob Atkinson | May 05, 2020 | Industrial Policy

Finding a Manufacturer (Image Courtesy Wikimedia https://goo.gl/images/ozWa0Q) China’s economic rise and the damage inflicted on U.S. industry has been a wakeup call to many U.S. policymakers. But most conventional economists continue to hold firm to their ideological notion that only the market can respond, and that any more proactive government action, particularly focused on key […]

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