Beltway Confidential

Industrial policy, corporatism, and cronyism

By Timothy P. Carney
Published April 9, 2012 4:00am ET
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Industrial policy, corporatism, and cronyism
  Should the federal government be in the business of promoting U.S. manufacturing on the dime of taxpayers and consumers, and at the expense of other industries? Will this sort of industrial policy, on net, increase American prosperity? President Obama clearly thinks so, and his top economic advisor Gene Sperling made exactly that case in […]

 

Should the federal government be in the business of promoting U.S. manufacturing on the dime of taxpayers and consumers, and at the expense of other industries? Will this sort of industrial policy, on net, increase American prosperity?

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Timothy P. Carney