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Industrial Policy In Advanced Economies 2

Posted by mjmedlock on June 1, 2011 in international economics |

Sophisticated Arguments For Industrial Policy in Advanced Economies In this second section about industrial policy in advanced economies we will examine some sophisticated arguments for industrial policy. These arguments often do hold water. However, as usual we will see that governments’ good intentions do not always turn into desirable results. Technology and externalities The idea […]

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Industrial Policy In Advanced Economies Part 1

Posted by mjmedlock on April 28, 2011 in international economics |

We’ll look at two sets of arguments for industrial trade policy in advanced economies. The first sets of arguments are the popular ones that are often voiced in newspapers, politicians and trade unionists, businesses that want government aid, and the “man in the pub”. In this first post we will examine the popular arguments. Popular […]

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