Competition between China and the United States has long been framed as a contest between two countries with opposite roles in the global economy: China as the world’s leading producer and the United ...

Biden's industrial policy is, not surprisingly, far more expansive than Trump's. And unlike the Foxconn facility, which was subsidized by the state of Wisconsin, it has been bolstered by major ...

Industrial policy is having a moment. This is the idea that the government—state or federal—can provide a boost to "strategically important" industries. This is sometimes for national security ...

But industrial policy is costly, and can lead to various forms of government failures ranging from corruption to mis-allocation of resources. Industrial policies can also lead to damaging cross-border ...

Industrial policy was a punching bag for economists for decades. Governments couldn’t possibly know enough to pick winners and losers, economists averred. And even if policymakers did know ...

The main policy involved setting a realistic exchange rate that allowed exports to flourish along with cheaper credit for all exporters, not targeted industries . Industrial policy did not really ...

In an op-ed published this week by The Washington Post, Sen. Marco Rubio (R–Fla.) makes the case for why conservatives ought to support top-down industrial policy set by the federal government ...

With President Joe Biden out of the election, a change in U.S. leadership is imminent. His administration’s industrial policy efforts, such as the CHIPS Act, Inflation Reduction Act and ...

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