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Making sense of Trump's tariffs. With Dani Rodrik

The Economics Show

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Industrial Policy Evolution: A Critical Analysis

This chapter explores the development of industrial policies from their origins in the US and EU to their rise in China, particularly in green energy. It critiques current manufacturing-focused policies, arguing for a shift toward services to better address job creation and the needs of the middle class. The discussion contrasts the strategies of Biden and Trump, assessing their impacts on both US and European economies while emphasizing the importance of strategic engagement in industrial policies.

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