Page 28 - Noah Smith News Today

Any plausible justification for industrial policy must include more than job creation.

Proponents of the ongoing push for national industrial policy, whether they come from the left or the right, frequently argue that we need to promote certain sectors or technologies to

Proponents of the ongoing push for national industrial policy, whether they come from the left or the right, frequently argue that we need to promote certain sectors or technologies to create a manufacturing boom. This boom, we’re told, is necessary to create more high-paying jobs. But I beg to differ. Industrial policy isn’t and shouldn’t […]

ARRESTS

 

Sneering at the mess Brexit has wrought on the British economy is as pompous and navel-gazing as any Brexiteer is capable of. Because when Britain gets poorer Ireland suffers too

Proponents of the ongoing push for national industrial policy argue that we need to promote certain technologies to create a boom.

National security is too often and too easily used to justify economic interventions that have little to do with foreign threats.

The best job-creation policy is a strong economy. The government should be content to create a level playing field with transparent rules and strong…

It's a short-sighted approach that distracts us from the more important question.