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Titlebook: American Industrial Policy; Free or Managed Mark William R. Nester Book 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited

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期刊全称American Industrial Policy
期刊简称Free or Managed Mark
影响因子2023William R. Nester
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图书封面Titlebook: American Industrial Policy; Free or Managed Mark William R. Nester Book 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited
影响因子What is the government‘s proper role in the economy? Do free or managed markets best promote economic development? Who can best pick industrial winners and losers, the government or private sector? This book attempts to answer those and related questions by exploring the evolution and results of federal policies towards half a dozen economic sectors. Those policies are largely determined by the representatives of the targeted industry, bureaucrats from agencies and departments that administer that industry, and politicians with firms from that industry in their districts. These ‘iron triangles‘ capture a ‘virtuous‘ political economic cycle in which they use their united power to grant themselves favourable policies which in turn enhances their power. As will be seen, the results of such a politicized industrial policy process varies considerably from one industry to the next.
Pindex Book 1997
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Banks and Stocks: The Financial Industrial Complex,factories had to look abroad for much of their capital. Foreign investors tended to spirit their profits overseas rather than spend or save it within the United States, leaving America all the poorer.
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Palgrave Macmillan, a division of Macmillan Publishers Limited 1997
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Steel and Automobiles: The Heavy Industrial Complex, market can be “nasty, brutish, and short.” The struggle to survive is incessant; business life expectancies are fleeting. The average small business in the United States has merely a one in ten chance of struggling beyond its fifth year.
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