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Economy See other Economy Articles Title: Industrial Policy Does Indeed Fall Victim to the Knowledge Problem
Source:
AIER
URL Source: https://www.aier.org/article/indust ... ctim-to-the-knowledge-problem/
Published: Apr 18, 2023
Author: Donald J. Boudreaux
Post Date: 2023-04-18 22:40:25 by Charles_Byrd
Keywords: None Views: 44
In a recent paper published by the Heritage Foundation, frequent AIER contributor Alexander William Salter argues that industrial policy, of the sort that is advocated by Oren Cass and other of todays national conservatives, is not properly subject to the criticism that this policy will fail because it cannot solve the knowledge problem. This policy might fail for other reasons most prominently, the inevitable noxious influence of interest-group politics but it will not fail because of an inability on the part of government officials to access enough knowledge to make the policy a success. Click for Full Text! Post Comment Private Reply Ignore Thread
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