2min chapter

The New Liberal Podcast cover image

Competition with China and Friend-shoring in East Asia ft. Noah Smith

The New Liberal Podcast

CHAPTER

What Would a Smart Industrial Policy Be Doing for the United States?

A smart industrial policy will focus on industry clustering and exports. The United States doesn't export enough because we're a large, we have a large domestic economy. We need to sell more stuff overseas for all the reasons we've been talking about before. As a small country, we need to export, export, export.

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