Can Trump Bring Back Manufacturing?
Confronting Capitalism with Vivek Chibber
Challenges of the CHIPS Act
This chapter explores the effectiveness of President Biden's industrial policies, particularly the CHIPS Act aimed at enhancing semiconductor production. It reveals that the anticipated outcomes have largely fallen short, illustrating systemic issues such as bureaucracy and corruption that hinder progress. The chapter emphasizes the necessity for improved government oversight and effective allocation of funds to realize the intended benefits of these policies.
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