ChinaTalk Rethinking Industrial Policy...and Everything Else
Feb 17, 2021
Jose Luis Ricón Fernández de la Puente, an independent researcher known for his keen insights on industrial policy, dives into a range of captivating topics. He challenges the notion that the state solely birthed innovations like the iPhone, while exploring Taiwan's strategic importance in tech. The flaws in U.S. research funding and its impact on innovation are dissected, alongside an intriguing discussion on the societal effects of Mormonism. Plus, he shares strategies for longevity, emphasizing diet and exercise over fleeting fads.
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Industrial Policy's Effectiveness
- Rob Atkinson argues that U.S. industrial policy has been crucial to its success since its origins.
- Jose Luis Ricón Fernández de la Puente challenges this, citing the difficulty of measuring industrial policy's effectiveness.
The iPhone's True Innovation
- The iPhone's success is often attributed to government-funded research, but its key innovation was design and software.
- While government funding played a role in underlying tech, Apple's integration was crucial, not government direction.
Geopolitical Case for Industrial Policy
- Geopolitical dominance is the strongest argument for industrial policy, ensuring access to critical resources.
- Maintaining domestic manufacturing capabilities is crucial for national security in times of conflict.
