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Industrial Policy: How the Green New Deal's Architects Would Do IP

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Balancing Trade-offs: The Future of U.S. Economic Policy

This chapter explores the intricate trade-offs the Biden administration must navigate between climate initiatives and geopolitical competition with China. It critiques zero-sum thinking in economic policy and emphasizes the need for a bold industrial strategy, including the establishment of a national investment bank. The discussion also reflects on historical U.S. foreign policy and advocates for a cooperative approach to international investment that prioritizes both domestic prosperity and global relationships.

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