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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(04/09/10) The United States Can and Should Pick Winners

Americans have great reverence for market forces. We proudly reject anything that smacks of industrial policy or the government picking winners in economic matters. Or do we? Are we kidding ourselves when we assume the government played no role in the creation or success of pursuits from steelmaking to the Internet. Will our stubborn aversion to government intervention come at a cost as major competitors around the world adopt national innovation policies and ramp up government research and development in emerging technologies? Or is it folly to think the government can actually be ahead of the market, given what has happened in recent years?

James Fallows moderated the debate with Rob Atkinson and Clyde Prestowitz arguing in support of the proposition and Robert Lawrence and Claude Barfield arguing against the proposition.


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Latest Publications


The Betrayal of American Prosperity.


The Trans-Paific Partnership and Japan.


Making the Mexian Miracle.


Industrial Policy and Rebalancing in the US and China.


The Evolving Role of China in International Institutions.

 

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Economic Strategy Institute

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