I’ll be curious how the pundits and lobbyists will react to his explicit revival and endorsement of the term “industrial strategy,” a term that has long been effectively taboo in American national politics. In the 1980s, it was also called “industrial policy.”
On its face, this tosses out the post-Cold War standard rhetoric with the End of History, “shock therapy” for former socialist countries, and the paradise of international Free Trade.
Full post: https://brucemillerca.substack.com/p/jake-sullivan-and-janet-yellin-on-e72
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