Industrial Policy Is Attenuated Central Planning

Source: Econlib
Published: Dec 7, 2022
Author: Pierre Lemieux
Post Date: 2022-12-07 19:58:46 by Charles_Byrd
Views: 192

Those who believe that industrial policy, which is an attenuated form of government economic planning, helps produce more goods and services might learn something from a report in today’s Wall Street Journal (Georgi Kantchev, Yuliya Chernova, and Stephen Fidler, “Putin Grips Economy Tighter to Supply Russian War Machine,” December 6, 2022).

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