4min chapter

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

ChinaTalk

CHAPTER

Investing Back in Our Economy

The first truly capitalist economy, britain, was built with tons of state investment into industry to catch up an get ahead of the netherlands. In each country, as they saw this power rise next door in one or another neighbors, then they would start doing the exact same thing and invest in their industries. It's how every single industrial economy was built, especially ours. And but then, once you have one of the most powerful industrial economies in the world, then you want to go for free trade. A great economist, a cambridge economist named hajun chang, who i'm a huge fan of, he wrote a book called kicking away the latter from the perspective of developing

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