Daily Archives: 10/29/2010

The failure problem with industrial policy (via  Modeled Behavior)

There is a fair amount of support these days for the idea that the government should be getting involved in industrial policy. The argument is that the government can help make the U.S. become a competitive producer of green technologies. This will have several benefits, so the theory goes, including giving us something to export, creating high paid green jobs, and helping the environment. Proponents point to the example of Germany, which has use … Read More

via  Modeled Behavior