Industrial Policies
Industrial policy refers to selective and targeted efforts by government to influence productive outputs in various sectors. Calls for expansive industrial policy measures have multiplied in recent years. When governments seek to influence future industrial outcomes, they run the risk of squandering societal resources on risky bets better left to private companies and investors. What is the opportunity cost of picking state champions? Who is making sure that the outcome is greater, or at least equal to, the massive costs to taxpayers? And do bureaucrats really make better bets than private investors?
Mercatus research considers how these trade-offs are often ignored in debates over industrial policy and outlines alternative ways to boost economic growth without top-down, technocratic planning.
Latest work in Industrial Policies
- | Expert Commentary Expert Commentary
The ‘Myth’ of America’s Deindustrialisation | The Financial Times
- | Expert Commentary Expert Commentary
Beyond Industrial-Policy Failures | National Review’s “The Corner”
- | Podcast Appearance Podcast Appearance
A Closer Look at Aircraft Industrial Policy | Acton Institute
- | International Freedom and Trade International Freedom and Trade
- | Radio Appearance Radio Appearance
Cozy and Long-standing Industrial Policy in the EU and US | The John Batchelor Show
- | Expert Commentary Expert Commentary
The Vicious Cycle of Protectionism | National Review's "The Corner"
- | International Freedom and Trade International Freedom and Trade
- | Expert Commentary Expert Commentary
More Evidence That we Shouldn’t be Copying China’s Industrial Policy | National Review's "The Corner"
- | Expert Commentary Expert Commentary
Why Industrial Policy Fails | The Wall Street Journal
- | Radio Appearance Radio Appearance
Industrial Policy is Inflationary | The John Batchelor Show
- | Expert Commentary Expert Commentary
Another Week of Industrial Policy Hype | Creators
- | Expert Commentary Expert Commentary
Industrial Policy Stifles Progress | Reason
Latest work in Industrial Policies
- | Expert Commentary Expert Commentary
The ‘Myth’ of America’s Deindustrialisation | The Financial Times
- | Expert Commentary Expert Commentary
Beyond Industrial-Policy Failures | National Review’s “The Corner”
- | Podcast Appearance Podcast Appearance
A Closer Look at Aircraft Industrial Policy | Acton Institute
- | International Freedom and Trade International Freedom and Trade
- | Radio Appearance Radio Appearance
Cozy and Long-standing Industrial Policy in the EU and US | The John Batchelor Show
- | Expert Commentary Expert Commentary
The Vicious Cycle of Protectionism | National Review's "The Corner"
- | International Freedom and Trade International Freedom and Trade
- | Expert Commentary Expert Commentary
More Evidence That we Shouldn’t be Copying China’s Industrial Policy | National Review's "The Corner"
- | Expert Commentary Expert Commentary
Why Industrial Policy Fails | The Wall Street Journal
- | Radio Appearance Radio Appearance
Industrial Policy is Inflationary | The John Batchelor Show
- | Expert Commentary Expert Commentary
Another Week of Industrial Policy Hype | Creators
- | Expert Commentary Expert Commentary
Industrial Policy Stifles Progress | Reason
Latest work in Industrial Policies
- | Expert Commentary Expert Commentary
The ‘Myth’ of America’s Deindustrialisation | The Financial Times
- | Expert Commentary Expert Commentary
Beyond Industrial-Policy Failures | National Review’s “The Corner”
- | Expert Commentary Expert Commentary
The Vicious Cycle of Protectionism | National Review's "The Corner"
- | International Freedom and Trade International Freedom and Trade
- | Expert Commentary Expert Commentary
More Evidence That we Shouldn’t be Copying China’s Industrial Policy | National Review's "The Corner"
- | Expert Commentary Expert Commentary
Why Industrial Policy Fails | The Wall Street Journal
- | Expert Commentary Expert Commentary
Another Week of Industrial Policy Hype | Creators
- | Expert Commentary Expert Commentary
Industrial Policy Stifles Progress | Reason
- | Expert Commentary Expert Commentary