industrial policy

With dismal unemployment numbers and the realization that the U.S economic recovery is not producing jobs, the U.S should look to Germany as a model of how to produce and save jobs. The German government last week announced quarter-on-quarter economic growth of 2.2 percent, Germany’s best...

The latest Economist magazine has a giant octopus on the cover with the headline, "Leviathan Inc – The State goes back into business." The danger according to the Economist is industrial policy. When it comes to the USA the Economist has it wrong. The fact that the U.S has no industrial policy...