Industrial policy in America
Subtitle: breaking the taboo
By: Marco R. Di Tommaso, Department of Economics and Management, University of Ferrara, Italy, Stuart O. Schweitzer, Department of Health Policy and Management, UCLA Fielding School of Public Health, University of California, Los Angeles, USA
Contributors: Schweitzer, Stuart O.
Publisher: Edward Elgar; Elgar Publishing, Incorporated, Edward; Brand: Edward Elgar Pub; Edward Elgar Publishing
Published: 2013
Place of publication: Cheltenham, UK; Northampton, MA
Language: eng
Number of pages: 193
ISBN-13: 9781848448438; 9781782545187
Subjects: Industrial policy; Economic policy
Description: In contrast to what observers have frequently argued, this timely and thought provoking book suggests that the concept of industrial policy is not alien to the American past and present. The debate on this topic in the US has always been full of contradictory rhetoric and policy practices, and the expert authors therefore acknowledge a need to rethink the traditional antagonist positions. They illustrate that contemporary markets continue to demand to be fixed by government policies, and governments continue to show how fixing-the-market policies might fail. The conclusion is that the future of industrial policy is about how to make both markets and governments better in their functioning, but that the real goal for industrial policy is to make better-market and better-government policies consistent with the goal of building a better society. Affirming that it is time to break the taboo and discuss the nations goals, targets, and tools to develop a new, effective American industrial policy, this pathbreaking book will prove a thought provoking and challenging read for students, academics and policymakers with an interest in political economy and industrial policy, public sector and international economics.
Notes: Includes bibliographical references (pages 175-183) and index.