Michael Spence’s Incomplete Case for Industrial Policy
Michael Spence, who shared the 2001 Nobel Prize in economics, is an emeritus professor of economics at Stanford University’s Graduate School of Business. He recently wrote an op/ed titled “In defense of industrial policy.” It is gated at Project Syndicate but appears ungated in the Jordan Times. His case is, at best, flabby. It lacks … Continue reading Michael Spence’s Incomplete Case for Industrial Policy
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