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

Wealth Distribution, Fixing Healthcare, and UBI

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Navigating Industrial Policy and International Relations

This chapter explores the complexities of U.S. industrial manufacturing policy and its interplay with international relations, emphasizing the concepts of 'French shoring' and 'friendshoring'. It advocates for a cooperative approach among developed democracies to counteract China's dominance while balancing domestic capacity with diplomatic ties. The discussion also extends to the potential economic emergence of African nations like Botswana and Ghana, and the challenges of foreign aid in fostering sustainable development.

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