"Econ 102" with Noah Smith and Erik Torenberg cover image

The Economist's Mike Bird Debates Noah on Industrial Policy

"Econ 102" with Noah Smith and Erik Torenberg

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Debating the Rationale Behind Industrial Policy and Its Economic Impacts

This chapter delves into the ongoing debate about the importance of manufacturing jobs within industrial policy, questioning the viability of these roles in an automated future. It also examines local economic impacts through concepts like local multipliers and agglomeration effects, highlighting the role of technology companies in shaping local economies.

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