Small, Medium, Large

Colleen Dunlavy's "Small, Medium, Large" offers a compelling revisionist account of American industrial history, challenging the traditional narrative that credits solely free-market forces for the nation's manufacturing dominance.

The book meticulously details the crucial role of government intervention, from wartime production to Cold War research and development, in shaping the growth and innovation of American manufacturing.

Dunlavy's analysis highlights the often-overlooked impact of public investment, procurement policies, and strategic initiatives in fostering the scaling of firms and driving technological advancements.

The book provides a nuanced understanding of the complex interplay between government and industry, demonstrating how strategic state intervention can effectively stimulate economic transformation.

Ultimately, "Small, Medium, Large" serves as a timely and insightful contribution to the ongoing debate on industrial policy and the role of the state in economic development.