Should the U.S. Adopt an Industrial Policy?
At the Soho Forum, American Compass’s Oren Cass and Cato Institute’s Scott Lincicome debate whether the U.S. should adopt an industrial policy.
At the Soho Forum, American Compass’s Oren Cass and Cato Institute’s Scott Lincicome debate whether the U.S. should adopt an industrial policy.
After years of dismissing the rise of critical theory-inspired identity politics, many conservatives have become âwokeâ to just how divisive this movement is. The problem, however, is that some free market fundamentalists see both radical intersectionalists and Hamiltonian supporters of national developmentalism as desecrators of the Founding Fatherâs principles.
n a recent post about the relationship between family trends and the skills gap I noted that for some of the young adults my husband David and I interviewed in southwestern Ohio, trauma and addiction make it difficult to take advantage of the employment opportunities that do exist.
After a half century of neoclassical economics dominance, it has become a truism among most economists and policy makers that a nationâs sectoral composition doesnât matter.
The likely configuration of the new Senate represents a potential obstacle toward some of the grander Democratic Party policy visions outlined in President-elect Biden’s program.Â
As President-elect Joe Biden has been announcing members of his new team, he has been equally prone to pass on the message to the rest of the world that âAmerica is backâ.Â
Ever since the concept of a national industrial policy was proposed in the 1970s, it has received scorn from most neo-classical economists, with those advocating it treated as the economic equivalent of chiropractors.
Now that the Supreme Court is in the news, with President Donald Trumpâs nomination of Judge Amy Coney Barrett to succeed the late Ruth Bader Ginsburg, it is worth reflecting on what kind of constitutional system is best for a national industrial strategy of the kind favored by a growing number of Americans on the left, right and center, in the aftermath of the catastrophic failure of a half century of neoliberal deregulation and globalization.
I never thought I would find myself in wholehearted agreement with Paul Krugman.
American Compass’s research director Wells King shares key insights from the “Moving the Chains” policy symposium on the inaugural panel for the Industry Studies Association’s new webinar series.
In this episode, Washington Free Beacon editor Aaron Sibarium and small business investor Sam Long discuss the financialization of American business culture and its impacts on our economy and society.
As we celebrate Labor Day, reducing unemployment and getting the COVID-impacted economy back to some semblance of normality is clearly the top economic task. But when that is done the economy will still face a critical labor market problem: too many workers earning too little. A recent Brookings study found that 44 percent of American adults workers make very little, with median annual earnings of just $18,000.
Jeanne Whalen reports on Republican enthusiasm for industrial policy, citing American Compass’s Moving the Chains report.
The Saturday Essay features American Compass’s efforts to construct a new conservative governing philosophy.
American Compassâs Oren Cass outlines the arguments from an open letter sent to the Business Roundtable calling for corporate actual responsibility.
Thanks to the near-criminal negligence of neoliberal globalist policymakers in both the Democratic and Republican parties, Americaâs national industrial base, the foundation of its global power, has eroded to the point of collapse.
America used to dominate the semiconductor industry, but that leadership position is increasingly fragile. There are two parallel forces at work: the rise of our competitors and the decline of our domestic champions.
The Chinese Communist Partyâs efforts to eradicate the Uighur Muslim population in favor of the Han majority are horrifying. Programmatic abortions and sterilizations, slave labor, and âre-educationâ camps recall atrocities of the past. At the same time, the CCPâs ambitions for Hong Kong outrage westerners committed to liberty and the rule of law. And its record for the treatment of prisoners and religious dissidents is miserable.Â
The partisan rancor in Washington is worse than any time in the last century. But surprisingly when it comes to economic policy, both parties share a common view: policy neednât be concerned about enterprise capabilities.
David Goldman features his Moving the Chains symposium essay, “The Reshoring Imperative,” with new commentary directed at Joe Biden’s “Buy American” campaign.
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