Industrial policy is wasteful and ineffective and creates massive political graft bedsides. But there’s one claim free marketers should stop making: that industrial policy is impossible.

Industrial policy is a set of policies that are designed to prop up a particular industry….Some people may think particular sectors are more important than others.

If there is one timeless truth about industrial policy, it is that handouts always come with handcuffs. As your editorial “Biden’s New Industrial Social Policy” (March 1) notes, it is almost ...

Réka Juhász is a professor of economics at the University of British Columbia, and she studies what's known as industrial policy. That's the general term for whenever the government tries to ...

Jobs. Industrial Policy Isn't About Creating Jobs It's a short-sighted approach that distracts us from the more important question. Veronique de Rugy | 7.27.2023 3:30 PM ...

Marco Rubio, a Republican, represents Florida in the U.S. Senate. When I first came to Washington in 2011, “industrial policy” were dirty words. Democrats and Republicans alike viewed pro ...

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 ...

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 ...

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 ...

This recent instance of industrial policy is driven in part by the desire to decrease U.S. dependence on Asian semiconductor manufacturing, and in particular from Taiwan.

Industrial policy is back—it's currently central to the agendas of both the EU and the UK. This resurgence comes amid a polycrisis marked by climate breakdown, social inequality, energy insecurity and ...

We should recall that industrial policy in the UK fell out of favour back in the 1970s, when the government was accused of “picking winners” and supporting so-called “lame-duck” corporations.