Obamanomics: Revival of 'Industrial Policy'

For three years, we really have not had a clear idea of Barack Obama’s economic philosophy. Contrary to his Republican critics, he is not a socialist or a mindless big spender and regulator, but neither is he a pure free market kind of guy. In recent months, we have started to get an idea of what Obama actually is: a believer in what used to be called “industrial policy.” In particular, he believes that manufacturing is something special and deserving of explicit government support.

Read Full Article »
Show commentsHide Comments

Related Articles

Search Stock Quotes
Commodity Prices
Partner Videos