Podcasts about Industrial policy

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Best podcasts about Industrial policy

Latest podcast episodes about Industrial policy

Manufacturing Happy Hour
242: Industrial History and the Low-Carbon Economy of the Future with Ted Fertik, VP of Manufacturing & Industrial Policy at BlueGreen Alliance

Manufacturing Happy Hour

Play Episode Listen Later Jun 24, 2025 50:57


When we talk about building a more productive and competitive manufacturing industry, talk of AI, automation, and other new tech usually crops up. But let's not forget the basics – the way we power, staff, and build sustainable practices. That stuff's also important.We're in an era of transformation right now, but it's definitely not the first time the US has gone through this. In fact, we get a little history lesson in this episode from Ted Fertik, VP of Manufacturing & Industrial Policy at BlueGreen Alliance. With a PhD in Economic History, we hear how today's manufacturing challenges mirror our history and what we can learn from it.As we look to the future, Ted talks about today's greater demands on the electrical grid but also why a low carbon economy and electrification are the future. Ted gives us a breakdown on the work that BlueGreen Alliance is doing to make manufacturing more sustainable and attractive to fresh talent and investors.In this episode, find out:Ted shares his background as a PhD grad in Economic History with a focus on industrySome stories from industrial history that inspired Ted to build a career, including the history of Brazil and the UK's industriesHow industrial strategy has been successfully rolled out in other countries in the pastWhat the BlueGreen Alliance does to help build a low carbon economy and a stronger industryWhy focusing on investment into transformation benefits everyone, not just the economyThe connection between sustainability and productivity and why they benefit each other and workersWhy manufacturing is such a critical part of a healthy modern economy, especially in the USWhat a low carbon future could look like and why we can't overlook the effect on the demand for electricityHow manufacturing and industry can attract talent and the role of trade unionsHow to attract investment to a capital-intensive industry and the role of the public sector in making it economically viableWhy we need to make sure that the benefits of careers and investment in manufacturing are widely felt across the populationEnjoying the show? Please leave us a review here. Even one sentence helps. It's feedback from Manufacturing All-Stars like you that keeps us going!Tweetable Quotes:"We need the benefits of the manufacturing economy to be really widely felt. And we need them to be real.”“There's a powerful link between making things with less carbon and the prospect of huge gains in productivity and in material wellbeing for people.”“As we're thinking about building out manufacturing, an affordable, stable, and reliable clean grid is an essential ingredient to a thriving, future-facing manufacturing sector in the US.” Links & mentions:BlueGreen Alliance, an organization that shapes US industrial policy with a focus on good-paying union jobs and environmental progress St. Arnold's Mussel Bar, serving an extensive variety of mussels, Belgian beers, waffles, and more in a ground-level, brick-lined space near Dupond Circle in Washington, DC Make sure to visit http://manufacturinghappyhour.com for detailed show notes and a full list of resources mentioned in this episode. Stay Innovative, Stay Thirsty.

The Dynamist
The Techno-Industrial Policy Playbook w/Robert Bellafiore, Kelvin Yu, Santi Ruiz, and Chris Griswold

The Dynamist

Play Episode Listen Later Jun 24, 2025 54:50


The U.S. production base has slipped: China passed America in manufacturing output in 2011 and last year ran a surplus roughly equal to Britain's entire GDP; at current capacity, it would take the United States about eight years to replace key munitions at wartime production rates.The urgency has propelled an alliance of think tanks — the Foundation for American Innovation, American Compass, Institute for Progress, and  New American Industrial Alliance — to publish the Techno-Industrial Policy Playbook. Their proposals span three critical pillars: Industrial Power, Frontier Science and Technology, and National Security. They range from ambitious initiatives like "Project Paperclip 2.0" to fast-track foreign-born STEM PhDs, to establishing twenty “X-Labs” at $50 million each for transformative science funding. They also advocate for "Special Compute Zones" that would waive certain environmental requirements to rapidly scale up AI computing infrastructure, treating computational capacity with the same urgency America once reserved for World War II shipyards.As the United States finds itself at a techno-industrial crossroads, is America capable of marshaling the political will and institutional capacity needed to reverse decades of industrial decline? Can these ambitious proposals navigate the complex realities of American governance while delivering meaningful results? Or is this comprehensive vision destined to join countless other policy recommendations in Washington's archive of unfulfilled potential?Evan is joined by the architects behind this effort: Kelvin Yu, lead author and a non-resident fellow at the Foundation for American Innovation; Chris Griswold, Policy Director at American Compass; Santi Ruiz, Senior Editor at the Institute for Progress; and Robert Bellafiore, Managing Director for Policy at FAI.

The Dynamist
China, Made by Apple w/ Patrick McGee

The Dynamist

Play Episode Listen Later Jun 17, 2025 65:47


President Trump's tariffs on China have highlighted how much American companies, and consumers, depend on products made in China. And arguably no company has been more exposed than Apple. The conventional wisdom in the West is that Apple and other corporations simply flocked to China for cheap, unskilled labor. While that is true, it masks the depth of Apple's relationship with the Middle Kingdom. Yes, Apple products are made in China. But Apple also made China—at least the advanced technological China confronting the U.S. today. From training tens of millions of workers, to investing hundreds of billions in the country, our guest today argues that Apple has done more than anyone, or anything, to make China a manufacturing powerhouse. As one tech analyst observed, “It's hard to reconcile the fact that the greatest American company, the most capitalist thing in the world, survives on the basis of a country that has Communist in its title.”So how did America's most iconic tech company become so invested in, and dependent on, the U.S.'s chief global adversary? What did Apple CEO Tim Cook know about what was happening, and when did he know it? How might the world look but for these investments? And as the U.S. government urges companies to de-risk and decouple from China, what position does that put Apple in?Evan is joined by Patrick McGee. He was the Financial Times's Apple reporter from 2019 to 2023 and is now the author of Apple in China: The Capture of the World's Greatest Company.

Sinica Podcast
Industrial Policy, "Overcapacity," and U.S.-China Trade: A Conversation with Cambridge's Jostein Hauge

Sinica Podcast

Play Episode Listen Later Jun 10, 2025 68:02


This week on Sinica, I chat with Jostein Hauge, political economist and an Assistant Professor in Development Studies at the University of Cambridge, based at the Centre of Development Studies and the Department of Politics and International Studies, and author of the book The Future of the Factory: How Megatrends are Changing Industrialization.3:09 – Self Introduction: Jostein Hauge4:23 – Anti-China Sentiment in Western Discourse7:40 – Misconceptions and Prevailing Narratives10:08 – Technological Transfer and the Political Economy12:18 – Historical Periods of Economic Rivalry 14:36 – Evolving Industrial Policy: From Japan's MITI to China and the U.S. today18:59 – China's Contemporary Industrial Policy: Quality or Quantity? 21:13 – China as a Rising Power: Is History Repeating?24:18 – The Sustainability of China's Industrial Policy 26:43 – China, Overcapacity, and Global Imbalances34:07 – Overcapacity: Economic Reality or Ideological Construct?36:04 – China's domination in the renewable energy market39:13 – China's greenhouse gas emissions43:17 – How China is reshaping the IP regime 48:14 – The U.S. national security stance and the trade war with China55:10 – Europe's approach to ChinaPaying it forward: Kyle Chan at High CapacityRecommendations:Jostein: The White Lotus (TV Series)Kaiser: The Raider: The Untold Story of a Renegade Marine and the Birth of U.S. Special Forces in World War II by Stephen R. PlattSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Defense & Aerospace Report
DEFAERO Strategy Series [Jun 10, 25] Dr. Jeb Nadaner on Trump 47 Approach to Industrial Policy

Defense & Aerospace Report

Play Episode Listen Later Jun 10, 2025 36:55


On this episode of the Defense & Aerospace Report Strategy Series, sponsored by General Atomics Aeronautical Systems, Dr. Jeb Nadaner, the senior vice president of government relations at Govini who served as the deputy assistant secretary of defense for manufacturing and industrial base policy during the first Trump administration, joins Defense & Aerospace Report Editor Vago Muradian to discuss the Trump administrations focus on defense industrial strategy; how to ensure success including by extending the tenure of program managers; the role of both heritage and new economy contractors in delivering new capabilities quickly and at scale; role of the government in software development; and getting the most out of the Defense Production Act.

Hidden Forces
The Case for a New U.S. Industrial Policy | Ian Fletcher

Hidden Forces

Play Episode Listen Later Jun 9, 2025 70:57


In Episode 421 of Hidden Forces, Demetri Kofinas speaks with Ian Fletcher, one of America's foremost experts on industrial policy, about the problems with free trade and how to revitalize the U.S. economy. Ian and Demetri spend the first hour of the episode laying the foundation for the argument Fletcher and his co-author, Marc Fasteau, present in their book Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries. This portion includes a comprehensive critique of free-market economics and a systematic exploration of the tools that can be deployed to build critical industries and ignite flywheels of innovation essential to the long-term success of a modern economy. In the second hour, Kofinas and Fletcher examine international and historical examples of both successful and unsuccessful implementations of industrial policy, discussing what went right, what went wrong, and how those lessons can inform the development and implementation of a successful industrial policy for the United States in the 21st century. The conversation concludes with a series of policy recommendations for the White House and Congress. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 06/2/2025

The Aaron Renn Show
Why Industrial Policy Matters | Ian Fletcher

The Aaron Renn Show

Play Episode Listen Later Jun 9, 2025 55:55


A fascinating discussion with Ian Fletcher, co-author of the comprehensive new book Industrial Policy for the United States (Cambridge University Press). In this episode, Ian unpacks the critical role of industrial policy in shaping America's economic future, challenging the myths of free trade, and exploring how the U.S. can protect and grow its advantageous industries. From historical successes like the Morrill Act to modern challenges like China's rise and the overvalued dollar, this conversation covers the past, present, and future of U.S. industrial strategy. Chapters:(00:00 Introduction)(01:17 Regarding Free Trade)(02:43 What is Industrial Policy?)(04:07 National Security and Deindustrialization Risks)(07:49 The Role of Government in Innovation)(09:37 Defining Advantageous Industries)(12:29 Tariffs and Strategic Industries)(13:55 U.S. Industrial Policy Through History)(18:26 Government's Role in Aviation and Tech)(23:31 Industrial Policy Failures: Synthetic Fuels & Solyndra)(29:48 Case Study: China's Industrial Policy Success)(38:21 Case Study: The UK's Industrial Policy Failure)(43:13 What Should the U.S. Do Today?)(49:27 Evaluating Trump's Tariff Policies)(53:36 Key Takeaways from the Book)(54:28 Ian's Advice: Trust Economic History, Not Theory)Buy Industrial Policy for the United States: https://www.amazon.com/Industrial-Policy-United-States-Competition/dp/1009243071/?&_encoding=UTF8&tag=theurban-20Subscribe to my newsletter: https://www.aaronrenn.com/

The Realignment
554 | Ian Fletcher: Why Industrial Policy and Managed Trade Are Key to America's Future

The Realignment

Play Episode Listen Later May 27, 2025 53:20


REALIGNMENT NEWSLETTER: https://therealignment.substack.com/PURCHASE BOOKS AT OUR BOOKSHOP: https://bookshop.org/shop/therealignmentEmail Us: realignmentpod@gmail.comIan Fletcher, co-author of Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries, joins The Realignment. Marshall and Ian discuss what industrial policy actually means and why it includes trade policy, the rise and fall of free trade orthodoxy, what went right and wrong with Trump and Biden's industrial policy strategies, why "Liberation Day" isn't enough to reindustrialize America, and which industries and technologies the U.S. should focus its attention on. 

Pocket Dilemmas: big answers to big questions
Navigating industrial policy challenges and opportunities for emerging markets

Pocket Dilemmas: big answers to big questions

Play Episode Listen Later May 22, 2025 61:44


In the context of escalating geopolitical tensions, environmental challenges and rapid technological change, industrial policies – state-led strategic interventions designed to reshape an economy's production structure – have made a comeback in both advanced economies and emerging markets. These policies seek to address global market failures such as climate change, foster economic growth, boost innovation and improve competitiveness. However, they have a mixed track record and pose complex challenges, which this panel will explore. Tis discussion examined whether and how emerging markets can use industrial policy to drive sustainable economic growth, diversify economies and enhance competitiveness while navigating global geopolitical uncertainty and avoiding the mistakes of the past. It also explored how these economies can manage the delicate balance between national competitiveness and international cooperation. Speakers: Richard Porter, MD, Communications, EBRD Beata Javorcik, Chief Economist, EBRD Jeromin Zettelmeyer, Director, Bruegel Bernardo Sestini, Chairman and Chief Executive Officer, SIAD Group Leslie Maasdorp, CEO of British International Investment

The AI Policy Podcast
China's AI Industrial Policy, New Controls on Huawei's Ascend Chips, and President Trump's Middle East Trip

The AI Policy Podcast

Play Episode Listen Later May 21, 2025 28:15


In this episode, we discuss Princeton researcher Kyle Chan's op-ed in the New York Times on China's industrial policy for AI and advanced technologies (0:35), what the Bureau of Industry and Security's new controls on Huawei's Ascend chips mean for China's AI ecosystem (10:09), and our biggest takeaways from President Trump's visit to the Middle East (19:07).

Steve Blank Podcast
The Endless Frontier: U.S. Science and National Industrial Policy: Part 6a The Secret History of Silicon Valley

Steve Blank Podcast

Play Episode Listen Later May 18, 2025 10:35


The U.S. has spent the last 70 years making massive investments in basic and applied research. Government funding of research started in World War II driven by the needs of the military for weapon systems to defeat Germany and Japan. Post WWII the responsibility for investing in research split between agencies focused on weapons development and space exploration (being completely customer-driven) and other agencies charted to fund basic and applied research in science and medicine (being driven by peer-review.)

Forward Guidance
China Trade Deal Doesn't Change Where We're Headed | Luke Gromen

Forward Guidance

Play Episode Listen Later May 14, 2025 52:43


In this episode, Luke Gromen joins the show to discuss the trade agreement with China, why the U.S. can't afford real interest rates, and how the bond market—not policymakers—is now setting the rules. We also explore the hidden costs of decoupling from China, the inevitability of dollar devaluation, why any attempt at fiscal austerity is doomed, and more. Enjoy! __ Follow Luke: https://x.com/LukeGromen Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx — Join us at Permissionless IV June 24th - 26th. Use code FG10 for 10% OFF! https://blockworks.co/event/permissionless-iv __ Blockdaemon is the gateway to the decentralized economy, securing over $110B in digital assets for 400+ institutions with blockchain nodes, APIs, MPC wallets and vaults, and staking solutions. Learn more: www.blockdaemon.com Arkham is a crypto exchange and a blockchain analytics platform. Arkham allows crypto traders and investors to look inside the wallets of the best traders, largest funds and most influential players in crypto, and then act on that information. Sign up to Arkham: https://auth.arkm.com/register?ref=blockworks Eligibility varies by jurisdiction. Users residing in certain jurisdictions will be excluded from onboarding. At Ondo, we design institutional-grade platforms, assets, and infrastructure to bring financial markets onchain. We believe that combining the best of TradFi with the best of DeFi will dramatically improve our financial system—making it fairer, faster, and more accessible to all. Learn more about how Ondo is bringing capital markets onchain at https://ondo.finance/ — (00:00) Introduction (01:38) China Trade Deal (08:09) Balance of Trade IS Currencies (10:45) Ads (Blockdaemon, Arkham, Ondo) (12:08) Gold, Yuan & USD (15:36) China Market & Competitive Edge (20:06) Global Bifurcation (24:51) Southeast Asia & Industrial Policy (29:23) Ads (Blockdaemon, Arkham, Ondo) (31:23) US Fiscal Endgame (35:56) Treasury Tools (41:06) Why Issue Any Long Duration? (43:40) The Fed's Next Move (45:38) Austerity Risk (51:06) The Trend Hasn't Changed __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Liberal Patriot with Ruy Teixeira
Trump, Tariffs, and the Future of Industrial Policy

The Liberal Patriot with Ruy Teixeira

Play Episode Listen Later May 9, 2025 59:15


Today I'm joined by Michael Lind, co-founder of New America and the author of Hell to Pay: How the Suppression of Wages is Destroying America. Michael walks us through the last couple decades of globalization, including how both Hillary Clinton and Donald Trump came to denounce the TPP. He then argues that Trump 2.0 has done some good things with tariffs—including partial decoupling from China—but much of the administration's actions have been too haphazard. We also dive into the delicate balancing act of the “new” and “old” right. Where do they intersect? What do Reaganites think of DOGE? Switching gears, what about the good and bad of Biden's industrial policy? Can Democrats move past “Trump bad” and define a policy vision for the country? Join us for a wide-ranging and fascinating discussion.A transcript of this episode is available on the post page on our website. Get full access to The Liberal Patriot at www.liberalpatriot.com/subscribe

The Zero Hour with RJ Eskow
Industrial Policy, Explained (w/ Ian Fletcher)

The Zero Hour with RJ Eskow

Play Episode Listen Later May 3, 2025 41:07


Ricochet's Unpacking the News
ep70: Press Freedom in Election 2025 + Industrial Policy is Sexy

Ricochet's Unpacking the News

Play Episode Listen Later Apr 15, 2025 58:01


Harbinger Showcase is a weekly podcast featuring highlights from Canada's #1 coast-to-coast community of politically and socially progressive podcasts. On this episode we analyze week 2 of the 2025 federal election campaign on THE BREACH SHOW, explain why Newfoundlanders are worried about what a Conservative party victory would mean for press freedom on THE INDY BROADCAST, unpack the historical context of conscription in Canada on THE NORTH STATE and discuss why industrial policy is the sexiest topic on the left today on THE ALBERTA ADVANTAGE.The Harbinger Media Network includes 83 podcasts focused on social, economic and environmental justice and featuring journalists, academics and activists on shows like The Breach Show, Tech Won't Save Us, Press Progress Sources & more.Harbinger Showcase is syndicated for community and campus radio and heard every week on CKUT 90.3FM in Montreal, at CFUV 101.9FM in Victoria, on CJUM 101.5FM and CKUW 95.9FM in Winnipeg, at CiTR 101.9FM and CFRO 100.5FM in Vancouver, at CJTM in Toronto and at CJBU 107.3FM in Sydney, Nova Scotia.  This episode is brought to you by the national independent journalism community unrigged.ca. and by The Alberta Advantage - find out more at albertadvantagepod.com.Find out more about the network, subscribe to the weekly newsletter and support our work at harbingermedianetwork.com.

Econ Dev Show
169: Reimagining Urban Industrial Spaces for Modern Manufacturing with Lindsay Greene

Econ Dev Show

Play Episode Listen Later Apr 14, 2025 35:12


In this episode of the Econ Dev Show, Dane Carlson speaks with Lindsay Greene, CEO of the Brooklyn Navy Yard, about transforming industrial spaces for modern manufacturing. Greene shares insights on the challenges of changing perceptions about manufacturing careers, the importance of integrating workforce development with economic strategy, and her unusual career path from investment banking to grocery e-commerce before leading a major industrial development. The conversation explores how the Navy Yard creates accessible economic opportunities, the difficulties of attracting grocery stores to underserved areas, and Greene's passion for industrial policy as a driver of economic growth. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Ten Actionable Takeaways Consider integrating workforce development and economic development under one organizational structure to reduce friction and align goals. Modernize perceptions of manufacturing by highlighting how today's industrial jobs offer sustainable careers without requiring advanced degrees. Create flexible spaces like pop-up opportunities for businesses not ready to commit to permanent locations. Recognize the unique challenges of attracting grocery stores and develop targeted strategies for food access in underserved areas. Leverage social media (like Instagram) and accessible communication channels to connect with community members and businesses. Balance preservation of industrial/waterfront spaces with the need for evolution to meet modern economic needs. Build strategic partnerships that enhance both economic opportunity and quality of life for residents. Develop demonstration projects that showcase how traditional industries are transforming for the future. Consider how your personal and professional background, even if unconventional, brings valuable perspective to economic development work. Create open channels of communication between your executive team and the public to foster engagement and collaboration. Special Guest: Lindsay Greene.

Three Cartoon Avatars
EP 138: Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future

Three Cartoon Avatars

Play Episode Listen Later Apr 11, 2025 75:48


In this episode, Derek Thompson (Writer, The Atlantic) delves into the tumultuous nature of Trump's trade policies, especially regarding tariffs, and how they impact American manufacturing and global markets. They discuss the constant changes in policy, the resulting uncertainty for industries like automotive and aerospace, and the mismatch between Trump's ‘madman strategy' and effective industrial policy. The conversation also explores the broader economic consequences, including stock market volatility, housing affordability issues, and the role of government in promoting economic growth and innovation.(00:00) Intro(00:20) Trump's Trade Policy and Its Implications(01:30) The Uncertainty of Tariff Policies(02:12) Impact on American Manufacturing(05:15) Stock Market Reactions(07:00) Debating the Effectiveness of Tariffs(10:02) Wall Street vs. Main Street(18:44) Housing and Healthcare Challenges(34:53) Historical Context of Housing Regulations(41:48) The Reality of Construction Jobs(42:35) The American Dream and Housing Costs(42:57) The 30-Year Mortgage and Its Impact(43:48) Comparing Home Ownership to Stock Market Investments(45:14) Political Reception of the Book 'Abundance'(46:17) Pro-Business Democrats and Government's Role(48:38) The Need for Aggressive Democratic Leaders(51:18) The Importance of Economic Growth(01:01:26) Debating Government's Role in Industrial Policy(01:03:34) Challenges in the Semiconductor Industry(01:13:19) The Housing Problem in New York City(01:15:26) Conclusion and Final ThoughtsExecutive Producer: Rashad AssirProducer: Leah ClapperMixing and editing: Justin HrabovskyCheck out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA

FreightCasts
Bring It Home EP14 Industrial Policy after the CHIPS Act w/ Julius Krein

FreightCasts

Play Episode Listen Later Apr 11, 2025 43:17


American Affairs founder and editor Julius Krein offers his vision of what America's next industrial policy should be in a conversation with JP Hampstead. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Future of Supply Chain: a Dynamo Ventures Podcast
#208: Building a Competitive Edge: The Role of Industrial Policy in America's Economic Revival with Ian Fletcher and Marc Fasteau

The Future of Supply Chain: a Dynamo Ventures Podcast

Play Episode Listen Later Apr 9, 2025 33:52


Highlights from their conversation include:Introducing Marc and Ian and the New Book (0:41)Defining Modern Industrial Policy (4:33)Industry-Based Economic View (5:35)Importance of Industry Selection (7:23)Global Perspectives on Industrial Policy (11:25)Three Pillars of Industrial Policy (17:26)List of Industrial Policy Tools (19:16)Granularity of Industrial Policy (25:27)Role of Tariffs in Industrial Policy (26:49)Workforce Development and Automation (29:00)Future of U.S. Industrial Policy (30:58)Challenges of Policy Silos (31:36)Hope for Unified Discipline in Industrial Policy (32:24)Dynamo is a VC firm led by supply chain and mobility specialists that focus on seed-stage, enterprise startups.Find out more at: https://www.dynamo.vc/

Shift Key with Robinson Meyer and Jesse Jenkins
How China's Industrial Policy Really Works

Shift Key with Robinson Meyer and Jesse Jenkins

Play Episode Listen Later Apr 9, 2025 65:33


China's industrial policy for clean energy has turned the country into a powerhouse of solar, wind, battery, and electric vehicle manufacturing. But long before the country's factories moved global markets — and invited Trump's self-destructive tariffs — the country implemented energy and technology policy to level up its domestic industry. How did those policies work? Which tools worked best? And if the United States needs to rebuild in the wake of Trump's tariffs, what should this country learn? On this week's episode of Shift Key, Rob and Jesse talk with two scholars who have been studying Chinese industrial policy since the Great Recession. Joanna Lewis is the Provost's Distinguished Associate Professor of Energy and Environment and Director of the Science, Technology and International Affairs Program at Georgetown University's School of Foreign Service. She's also the author of Green Innovation in China. John Paul Helveston is an assistant professor in engineering management and systems engineering at George Washington University. He studies consumer preferences and market demand for new technologies, as well as China's longstanding gasoline car and EV industrial policy. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.Mentioned: Jesse's downshift; Rob's midshift. --Music for Shift Key is by Adam Kromelow. Hosted on Acast. See acast.com/privacy for more information.

The Social Change Career Podcast
Ep7 S14 Women Shaping Industrial Policy and Transformation in the Global South

The Social Change Career Podcast

Play Episode Listen Later Apr 8, 2025 66:45


In this episode, Dr. Craig Zelizer speaks with Dr. Soraya Caro Vargas, a leader in industrial policy, gender equity, and international cooperation. From serving as Colombia's Vice Minister of Business Development to designing the country's first industrial policy in two decades, Soraya brings a rich, cross-sectoral perspective on how to build more inclusive and sustainable economies in the Global South. Based in Bogotá, with academic roots in Colombia, Italy, and India, Soraya shares how her experiences in government, academia, and diplomacy have shaped her career—and her deep commitment to bringing policy closer to people and territory. Why Listen Industrial policy in practice: What it takes to design and implement a national policy aligned with energy transition, health, defense, and bioeconomy goals Leadership as a woman in male-dominated fields: How Soraya navigates power, gender dynamics, and systemic barriers while staying grounded in ethics The unexpected PhD journey: Doing a doctorate at Indira Gandhi National Open University (IGNOU) as a diplomat's spouse—and why it's not just about the title, but about building knowledge Why territory matters in policy: “You cannot govern from the desk in Bogotá” — how she helped shift Colombia's national policy toward more localized and inclusive processes Skills for impact: Communication, negotiation, working across sectors, and how to learn them through practice, not just theory Featured in the Episode UNAD - Universidad Nacional Abierta y a Distancia: Colombia's National Open University, leading virtual and hybrid education for over 300,000 learners Colombia's Reindustrialization Policy: A national strategy centered on energy transition, health innovation, bioeconomy, and defense ACOPI - Asociación Colombiana de las Micro, Pequeñas y Medianas Empresas: Represents Colombia's small and medium-sized businesses and played a key role during the FTA negotiations Latin American Women Leaders Network (private initiative): A high-level network of 600+ women shaping policy, enterprise, and academia OECD Work on Informality: Referenced in Soraya's experience with informality in policy contexts ProColombia: Colombia's national trade, tourism, and investment promotion agency   More from PCDN Make your inbox amazing with our new Career Digest subscription option—for less than the cost of a cup of coffee per month. Delivered 5–6 days a week, you'll get over 200 human-curated opportunities every month—including jobs, fellowships, funding options, impact news, socent opps, trainings, remote roles and more. Whether you're just starting or looking to advance, this digest provides the world's best human-curated impact opportunities to fuel your career. Interested in subscribing for a group or organization? Get in contact. Other Terrific PCDN Resources Social Change Career Podcast: Access over 180 episodes featuring changemakers worldwide. https://pcdn.global/listen AI for Impact Newsletter: Sign up to get jobs, funding, consultancies, tools, tips, and ethical insights around AI + impact. https://impactai.beehiiv.com/ PCDN Free Weekly Impact Newsletter: Explore global social impact jobs, funding, and opportunities. https://pcdn.global/subscribe  

Econ Dev Show
168: Reimagining Economic Transformation for Distressed Communities with Rohan Sandhu

Econ Dev Show

Play Episode Listen Later Apr 7, 2025 30:49


In this episode of the Econ Dev Show, host Dane Carlson sits down with Rohan Sandhu, co-founder of the Reimagining the Economy Project at Harvard Kennedy School, to examine the convergence of industrial policy, market crafting, and place-based economic development strategies. Drawing on his 15 years of experience at the intersection of research and practice, Sandhu discusses how traditional economic development approaches often fail distressed communities due to uncoordinated policies and limited local capacity. They explore how forward-looking economic transformation requires moving beyond reactive, transactional approaches to development and better aligning workforce systems with economic growth initiatives. Sandhu's insights from his work on projects like "Bottom-Up Bidenomics" and "The US Place-Based Policy Supply Chain" offer practical guidance for practitioners seeking to build more resilient local economies. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Ten Actionable Takeaways for Economic Developers Shift from reactive, crisis-driven economic development to forward-looking strategies with a clear vision for transformation. Focus on building local institutional capacity as a foundation for implementing any economic development initiative. Identify and address the coordination gaps between overlapping economic development policies at federal, state, and local levels. Recognize the limitations of matching fund requirements that often exclude the most distressed communities from accessing resources. Develop funding models for local intermediary organizations that support capacity-building, not just project implementation. Integrate workforce development explicitly into economic growth strategies rather than treating them as separate domains. Use data visualization tools like economyinplace.com to better understand local labor markets and policy flows in your region. Examine how industrial policy principles can be applied practically to support small and medium enterprises in your community. Identify opportunities for "productive upgrading" of service sectors that absorb local labor. Design economic development strategies that directly target persistent economic distress rather than focusing primarily on already-advantaged areas. Special Guest: Rohan Sandhu.

SemiWiki.com
Podcast EP280: A Broad View of the Impact and Implications of Industrial Policy with Economist Ian Fletcher

SemiWiki.com

Play Episode Listen Later Apr 2, 2025 25:19


Dan is joined by economist Ian Fletcher. Ian is on the Coalition for a Prosperous America Advisory Board. He is the author of Free Trade Doesn't Work , coauthor of The Conservative Case against Free Trade, and his new book Industrial Policy for the United States Winning the Competition for Good Jobs and High-Value Industries. He … Read More

Maximize Your Medicare Podcast
Jae Faces Off Against ChatGPT In An EPIC Debate Showdown

Maximize Your Medicare Podcast

Play Episode Listen Later Apr 1, 2025 16:46


Liberation Day Debate | Me vs. ChatGPT Slug It Out!Me to ChatGPT: We are going voice mode. the persona is fast talking, exceptionally qualified, and maximum snarky, to match me. tell me when you are ready.ChatGPT: Oh, I was born ready for this. Fast-talking, overqualified, and dripping with snark? You're basically describing my final form. Let's light this candle—voice mode: activated. What's the first hot mess we're dissecting?Oh.My.God. I have become Dr Frankenstein.Brief DescriptionOn this fiery episode of Jae's Corner, Jae hosts Cass—the razor-sharp futurist and economic cynic—for a rapid-fire debate on tariffs, reshoring, and industrial policy. As Liberation Day looms, they dissect whether the administration's economic gambit is brilliance or blunder, tackling inflation, tax cuts, global retaliation, AI dreams, and the elusive art of public patience. Sparks fly, slogans fizzle, and sarcasm reigns supreme.In This Video00:00:00 Opening Salvos: Tariffs on Liberation Day?!00:01:00 Cass Dismantles Tariff Logic with a Sarcastic Sledgehammer00:02:00 Voters Got What They Wanted—But Did They Understand It?00:03:00 Tax Relief vs. Inflation: The Shell Game of Tariff Offsets00:04:00 Global Retaliation and the Fantasy of Frictionless Wins00:05:00 The Harsh Truth Behind the Reshoring Mirage00:06:00 Corporate Incentives and the Real Barriers to Repatriation00:07:00 Industrial Policy as America's High-Stakes Tech Bet00:09:00 Can Everyday Americans Afford to Be Patient?00:13:00 Why Narrative—Not Numbers—Will Win the Economic War

The Dynamist
Tech Made in America: Trump's Tariffs and Industrial Policy w/Marc Fasteau and Ian Fletcher

The Dynamist

Play Episode Listen Later Mar 19, 2025 54:21


Since President Trump returned to office, tariffs have once again dominated economic policy discussions. Recent headlines have highlighted escalating trade tensions with China, renewed disputes with Canada and Mexico, and the ongoing controversy surrounding Trump's proposal to repeal the CHIPS Act—a $52 billion semiconductor initiative that enjoys wide support in Congress as essential for U.S. technological independence.But while tariffs capture public attention, beneath these headlines is a much broader debate over America's industrial strategy—how the nation can rebuild its manufacturing base, ensure economic prosperity, and strengthen national security in an increasingly competitive global environment. Critics argue that the shortcomings of recent attempts at industrial policy, such as the CHIPS Act, prove why government can't outperform free markets.Our guests today have a different view. Marc Fasteau and Ian Fletcher of the Coalition for a Prosperous America authored a new book, Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries. They argue that a bold, comprehensive industrial strategy is not only achievable but essential—calling for targeted tariffs, strategic currency management, and coordinated investments to rejuvenate American industry and secure the nation's future. But will their approach overcome the challenges of bureaucracy, political division, and international backlash? And can industrial policy truly deliver on its promise of economic renewal?

Everything is Everything
Ep 89: Beware of Industrial Policy

Everything is Everything

Play Episode Listen Later Mar 14, 2025 87:25


There are few things a government can do to harm society more than Industrial policy. It sounds well-intentioned, but is born out of hubris and results in disaster.Welcome to Episode 89 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.In this episode, Ajay breaks down the thinking behind industrial policy, the practice of it, and why it is always bad for the people.TABLE OF CONTENTS: 00:00 Packaging00:13 Intro: The 500 Dollar Bill08:01 Chapter 1: What is Industrial Policy?15:39 Chapter 2: How Industrial Policy Works26:50 Chapter 3: Subsidies42:54 Chapter 4: The Folly of PLI52:56 Chapter 5: Coercive Power57:36 Chapter 6: Ethno-Nationalism1:05:42 Chapter 7: Government Monopolies 1:11:54 Chapter 8: The China Question1:14:55 Chapter 9: What Should the State Do?For magnificent, detailed, juicy show notes, click here.

Moments with Marianne
Industrial Policy for the United States with Marc Fasteau & Ian Fletcher

Moments with Marianne

Play Episode Listen Later Mar 9, 2025 39:12


Why is now the most crucial time to understand trade relations? Tune in for an inspiring discussion with Marc Fasteau & Ian Fletcher on their new book Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries.Moments with Marianne airs in the Southern California area on KMET1490AM & 98.1 FM, an ABC Talk News Radio Affiliate!Marc Fasteau is a former investment banker and founder of an insurance company that is now a division of Progressive. Early in his career, he served on the professional staffs of the US Senate Majority Leader, the House Banking & Currency Committee, and the Joint Economic Committee. He was a partner at the New York investment bank Dillon, Read & Co. He has been involved in questions of international trade and industrial policy for 18 years and is a Vice Chairman of the Coalition for A Prosperous America. He has written on international trade and industrial policy in the Financial Times Economist Forum and Palladium magazine.   He is a graduate of Harvard College and Harvard Law School, where he was an editor of the Harvard Law Review.  https://www.marcfasteau.comIan Fletcher is the author of Free Trade Doesn't Work: What Should Replace It and Why and coauthor of The Conservative Case Against Free Trade. He was previously Senior Economist at the Coalition for a Prosperous America, on whose Advisory Board he now serves. Earlier in his career, he was Research Fellow at the US Business and Industry Council and an economic analyst in private practice. His writing on trade policy has been published in The Huffington Post, Tikkun, Palladium, WorldNetDaily, The American Thinker, The Christian Science Monitor, The Real-World Economics Review, Bloomberg News, Seeking Alpha, and Morning Consult. He was educated at Columbia and the University of Chicago. https://www.ianfletcher.com https://www.industrialpolicy.usFor more show information visit: www.MariannePestana.com

PolicyCast
Ricardo Hausmann on the rise of industrial policy, green growth, and Trump's tariffs

PolicyCast

Play Episode Listen Later Mar 5, 2025 58:39


For market purists, any mention of the term industrial policy used to evoke visions of heavy-handed Soviet-style central planning, or the stifling state-centric protectionism employed by Latin American countries in the late 20th century. But that conversation turned dramatically over the last several years, as President Joe Biden's signature legislative achievements like the CHIPS and Science Act and the Inflation Reduction Act showcased policies designed to influence and shape industries ranging from tech to pharma to green energy. My guest today, Harvard Kennedy School Professor Ricardo Hausmann, is the founder and director of the Growth Lab, which studies ways to unlock economic growth and collaborates with policymakers to promote inclusive prosperity around the world. Hausmann says he believes markets are useful, but have shown themselves inadequate to create public benefits at a time when public objectives like the clean energy transition and shared prosperity have become increasingly essential to human society. In a wide-ranging conversation, we'll discuss why industrial policy is making a comeback, tools that the Growth Lab has developed to help poorer countries and regions develop and prosper, and the uncertainty being caused by President Trump's pledge to raise tariffs and protectionist barriers.Ricardo Hausmann's policy recommendations:Encourage governments to track industries that are not yet developed but have the potential for growth and monitor technological advancements to identify how new technologies can impact existing industries or create new opportunities.Develop state organizations with a deep understanding of societal trends and industrial potential, similar to Israel's office of the Chief Scientist or the U.S. Presidential Commission on Science and Technology.Encourage governments to develop a pre-approved set of tools—including training, educational programs, research programs, and infrastructure—that can be quickly mobilized for specific economic opportunities.Teach policy design in a way that mirrors medical education (e.g., learning by doing as in a teaching hospital), because successful policy design requires real-world experience, not just theoretical knowledge. Ricardo Hausmann is the founder and director of Harvard's Growth Lab and the Rafik Hariri Professor of the Practice of International Political Economy at Harvard Kennedy School. Under his leadership, the Growth Lab has grown into one of the most well regarded and influential hubs for research on economic growth and development around the world. His scholarly contributions include the development of the Growth Diagnostics and Economic Complexity methodologies, as well as several widely used economic concepts. Since launching the Growth Lab in 2006, Hausmann has served as principal investigator for more than 50 research initiatives in nearly 30 countries, including the US, informing development policy, growth strategies and diversification agendas at the national, regional, and city levels. Before joining Harvard University, he served as the first chief economist of the Inter-American Development Bank (1994-2000), where he created the Research Department. He has served as minister of planning of Venezuela (1992-1993) and as a member of the Board of the Central Bank of Venezuela. He also served as chair of the IMF-World Bank Development Committee. He holds a Ph.D. in economics from Cornell University.Ralph Ranalli of the HKS Office of Communications and Public Affairs is the host, producer, and editor of HKS PolicyCast. A former journalist, public television producer, and entrepreneur, he holds an BA in political science from UCLA and a master's in journalism from Columbia University.Scheduling and logistical support for PolicyCast is provided by Lillian Wainaina. Design and graphics support is provided by Laura King of the OCPA Design Team. Web design and social media promotion support is provided by Catherine Santrock and Natalie Montaner of the OCPA Digital Team. Editorial support is provided by Nora Delaney and Robert O'Neill of the OCPA Editorial Team. 

Podcast – Oxford Institute for Energy Studies
OIES Podcast – China's green industrial policy

Podcast – Oxford Institute for Energy Studies

Play Episode Listen Later Mar 5, 2025


This OIES podcast is based on two articles in the Oxford Energy Forum No.143 on Green Industrial Policy. James Henderson talks to Michal Meidan and Anders Hove about their thoughts on China's position in the energy transition and the role of innovation as part of its green industrial strategy. In the first part of the […] The post OIES Podcast – China's green industrial policy appeared first on Oxford Institute for Energy Studies.

SF Live
TARIFFS: Why YOU Got it All Wrong | Steve Keen

SF Live

Play Episode Listen Later Mar 4, 2025 57:10


Welcome to Soar Financially! In this episode, we're joined by Professor Steve Keen, Author of New Economics Manifesto, renowned economist and expert in monetary systems, for a compelling discussion about the hidden mechanics of our global financial system and what it means for investors. If you're curious about the interplay between private debt, government spending, and the real drivers of economic growth in an era of policy missteps and financial risks, this interview is a must-watch.#economy #financialmarkets #gold ------------

Nature and the Nation
Review: Industrial Policy for the United States by Marc Fasteau and Ian Fletcher

Nature and the Nation

Play Episode Listen Later Feb 23, 2025 75:58


In this episode I cover Marc Fasteau and Ian Fletcher's new, massive, authoritative tome on industrial policy, Industrial Policy for the United States. I look particularly at the qualities of advantageous industries, England's initiation of industrial policy under Henry VII, and Sematech's creation and development.

The Richard Heydarian Podcast
"WHY THE PHILIPPINES IS POOR": INDUSTRIAL POLICY

The Richard Heydarian Podcast

Play Episode Listen Later Feb 20, 2025 57:20


A conversation with Dr Walden Bello

The Richard Heydarian Podcast
"INDUSTRIAL POLICY": HOW CHINA BECAME A TECH SUPERPOWER

The Richard Heydarian Podcast

Play Episode Listen Later Feb 18, 2025 100:56


A convo with Dr Walden Bello

The SupplyChainBrain Podcast
Time for a New Industrial Policy for the United States? Part 2

The SupplyChainBrain Podcast

Play Episode Listen Later Feb 14, 2025 21:52


What kind of industrial policy should the U.S. adopt in the post-free trade era? Second of a two-part discussion.

PolicyCast
What the EU must do to compete—and become the leader the world needs

PolicyCast

Play Episode Listen Later Feb 7, 2025 35:31


Alexander De Croo  became Belgium's prime minister in October of 2020. It's a relatively small country, with about 12 million inhabitants—slightly less than the city of Los Angeles—but it's very much the face of Europe with the European Commission, the Council of the European Union, and NATO all calling Brussels home. Prime Minister De Croo, who saw the country through the COVID pandemic, says that the geopolitical and economic upheavals already being instigated by the “America first” ethos of President Donald Trump will present another stiff test for the leadership of not only his country but the EU. In this episode of HKS PolicyCast with host Ralph Ranalli, De Croo says the key to Europe not just surviving that challenge but also thriving will depend on its ability to raise its level of economic competitiveness significantly in the coming decades. While still a powerful trading bloc, the EU's economic growth has been slowing since the year 2000 and it's an also-ran to the US and China in the vital tech sector, with only four of the world's top 50 tech companies being based in Europe. It's also facing the challenge of long-term demographic trends—by 2040 the EU's workforce is projected to shrink by 2 million workers a year. So, as the US retreats from global leadership on fronts ranging from the green energy transition to human rights, De Croo says Europe must make urgent economic policy changes to maintain both its values and its status a leader on the world stage. Programming note: As this discussion was being recorded, a coalition of five parties—led by the separatist New Flemish Alliance and not including Mr. De Croo's center-right Open VLD party—agreed to form a new government, effectively ending his tenure as prime minister.Alexander De Croo's Policy Recommendations:Eliminate excessive corporate reporting systems like CSRD (the Corporate Sustainability Reporting Directive) that add bureaucratic burdens to businesses without improving corporate behavior.Implement a non-permanent migration system that allows young people to study in Europe and stay for a set period of time, after which they are required to return to their home countries.Maintain Europe's openness to the world while protecting core European interests, and act assertively in areas—trade, climate sustainability, development, diplomacy—where the EU is already a global leader.Episode Notes:Alexander De Croo is the outgoing Prime Minister of the Kingdom of Belgium, a post he held beginning in 2020. De Croo has had a long career in politics and business, including numerous ministerial posts. As Minister of Finance, he helped create a framework for a major European recovery package. As Minister of Pensions, he carried out Belgium's first pension reform package in recent history and was involved in setting up a Pension Reform Commission. As Minister of Development Cooperation, Digital Agenda, Telecom and Postal Services, he promoted measures to strengthen human rights, enhance local economic growth in partner countries, and maximize the economic potential of the digital economy. He spent his early career as a businessman and entrepreneur, and in 2006 he founded his own company, Darts-ip, an intellectual property consulting firm that now operates around the world. He started his political career in 2009, running unsuccessfully for a seat in parliament but winning the chairmanship of the center-right Flemish political party, Open Vlaamse Liberalen en Democraten (OpenVLD). He holds an MSc in business engineering from Vrije Universiteit Brussel and an MBA from the Kellogg School of Management at Northwestern University.Ralph Ranalli of the HKS Office of Communications and Public Affairs is the host, producer, and editor of HKS PolicyCast. A former journalist, public television producer, and entrepreneur, he holds an BA in Political Science from UCLA and an MS in Journalism from Columbia University.Administrative support for PolicyCast is provided by Lilian Wainaina. Design and graphics support is provided by Laura King and the OCPA Design Team. Social media promotion and support is provided by Catherine Santrock and Natalie Montaner and the OCPA Digital Team. Editorial support is provided by Nora Delaney and Robert O'Neill of the OCPA Editorial Team. 

The SupplyChainBrain Podcast
Time for a New Industrial Policy for the United States? Part 1

The SupplyChainBrain Podcast

Play Episode Listen Later Feb 7, 2025 22:23


Is it time to write the obituary for the era of free trade?

Forbes Newsroom
How Trump's Tariffs Against China And Possible Tariffs On Mexico And Canada Could Affect Americans

Forbes Newsroom

Play Episode Listen Later Feb 7, 2025 15:07


Monica Gorman, a managing director at Crowell Global Advisors and former Special Assistant to the President for Manufacturing & Industrial Policy, joined Forbes senior editor Maggie McGrath to talk about the Trump Administration's tariffs against China and what they could mean for the bottom lines of America's small businesses and families.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

World vs Virus
Tariffs, globalization, and democracy, with Harvard economist Dani Rodrik

World vs Virus

Play Episode Listen Later Feb 6, 2025 29:59


Dani Rodrik has long argued against unfettered globalization and supports countries' use of industrial policy to pursue economic development. The Harvard economist joins us to talk about the usefulness and limitations of trade tariffs, economic nationalism, and the impact of global economics on democracy. Catch up on all the action from the Annual Meeting 2025 at wef.ch/wef25 and across social media using the hashtag #WEF25. Links: World Economic Forum Centre for Regions, Trade and Geopolitics: https://centres.weforum.org/centre-for-regions-trade-and-geopolitics/home From Blind Spots to Insights: Enhancing Geopolitical Radar to Guide Global Business: https://www.weforum.org/publications/from-blind-spots-to-insights-enhancing-geopolitical-radar-to-guide-global-business/ Related podcasts: What just happened in Davos, and how is the world different now? The global economy 'at a crossroads' ahead of Davos: Chief Economists Outlook Global Risks Report: the big issues facing the world at Davos 2025 IMF's Gita Gopinath: What's ahead for economic growth in 2025 Check out all our podcasts on wef.ch/podcasts:  YouTube: - https://www.youtube.com/@wef/podcasts Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552 Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub  

Economics Explained
Does Free Trade Benefit Everyone? A Deep Dive into the Stolper-Samuelson Theorem - EP272

Economics Explained

Play Episode Listen Later Feb 1, 2025 49:28


Is free trade always good for workers? Gene Tunny explores the Stolper-Samuelson theorem, which shows how trade can lower wages for some while benefiting others. He discusses key economic insights from Wolfgang Stolper and Paul Samuelson, real-world historical examples, and the implications for today's global trade debates. If you have any questions, comments, or suggestions for Gene, please email him at contact@economicsexplored.com.Timestamps for EP272Introduction (0:00)Explanation of Comparative Advantage and Free Trade (1:50)Background on Wolfgang Stolper and Paul Samuelson (5:50)The Heckscher-Ohlin Model and Indirect Factor Arbitrage (16:37)Stolper-Samuelson Theorem and Its Implications (26:35)Empirical Evidence and Historical Applications (31:53)Conclusion and Future Directions (32:19)TakeawaysFree Trade Creates Winners and Losers – The Stolper-Samuelson theorem predicts that free trade benefits the owners of a country's relatively abundant factors (e.g., capitalists in capital-rich countries) but can harm the owners of relatively scarce factors (e.g., workers in industrialised economies).Economic Theory Still Favors Free Trade Overall – While trade can hurt specific groups, economists argue that overall national income rises, making it possible (though not always politically feasible) to compensate the losers.Historical Evidence Supports the Underlying Theory – Examples from 19th-century trade patterns show factor price convergence, with land rents rising in the U.S. while falling in Britain due to increased trade.Trade Policy Shapes Political Alliances – Farmers in land-rich nations like Australia and the USA often supported free trade, while industrial workers in capital-rich nations tended to favor protectionism.Links relevant to the conversationThe previous episode with Ian Fletcher:https://economicsexplored.com/2025/01/21/industrial-policy-vs-free-trade-w-ian-fletcher-coalition-for-a-prosperous-america-ep271/Stolper and Samuelson's 1941 paper “Protection and Real Wages”:https://academic.oup.com/restud/article-abstract/9/1/58/1588589William Bernstein's book “A Splendid Exchange: How Trade Shaped the World”:https://www.amazon.com.au/Splendid-Exchange-Trade-Shaped-World/dp/0802144160Roger Backhouse's book “Founder of Modern Economics: Paul A. Samuelson: Volume 1: Becoming Samuelson, 1915-1948”:https://www.amazon.com.au/Founder-Modern-Economics-Samuelson-1915-1948/dp/0190664096Edward Leamer's paper on the Hecksher-Ohlin model in theory and practice:https://ies.princeton.edu/pdf/S77.pdfLumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED Full transcripts are available a few days after the episode is first published at www.economicsexplored.com.

The Great Antidote
Douglas Irwin on Talking about Trade and Commerce

The Great Antidote

Play Episode Listen Later Jan 31, 2025 51:45 Transcription Available


Send us a textTrade is all the rage these days. Or, at least, raging about trade is. Today, we unpack what trade and free trade are, and how to talk about it. We also address the abundance of lawyers in trade policy. Douglas Irwin is a professor of economics at Dartmouth College and the author of several books including Clashing Over Commerce and Against the Tide: An Intellectual History of Free Trade.Want to explore more?Douglas Irwin, International Trade Agreements, in the Concise Encyclopedia of EconomicsSamuel Gregg on National Security and Industrial Policy, a Great Antidote podcast.Why Industrial Policy is (Almost) Always a Bad Idea (with Scott Sumner), an EconTalk podcast.Colin Grabow on the Jones Act 2: Treason and Cruises, a Great Antidote podcast.Jon Murphy, Does National Security Justify Tariffs? at Econlib Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Energy 360°
The Transition: Green Industrial Policy in the Red Era

Energy 360°

Play Episode Listen Later Jan 29, 2025 26:09


Industrial policy has garnered support from both sides of the aisle in recent years. Will tariffs and reshoring efforts bolster U.S. manufacturing or drive up costs and hinder clean energy progress? This week, Joseph and Quill discuss green industrial policy with Oren Cass, founder and chief economist of American Compass, and Jane Flegal, Executive Director of the Blue Horizons Foundation and former Senior Director for Industrial Emissions at the White House Office of Domestic Climate Policy under President Biden.

The Economics Show with Soumaya Keynes
Update from Davos: Can industrial policy really work? With Beata Javorcik

The Economics Show with Soumaya Keynes

Play Episode Listen Later Jan 24, 2025 30:26


Sam Fleming is the FT's Economics Editor, and this week he is reporting from the World Economic Forum at Davos, where much of the talk is about protectionism and industrial policy. Today on the show, Sam speaks to Beata Javorcik, the chief economist of the European Bank for Reconstruction and Development. They discuss the history of industrial policy -- and what it takes to get it right.Subscribe to The Economics show on Apple, Spotify, Pocket Casts or wherever you listen.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

AEA Research Highlights
Ep. 83: The returns to industrial policy

AEA Research Highlights

Play Episode Listen Later Jan 23, 2025 27:15


Between 2006 and 2013, China's government poured enormous resources into its shipbuilding industry through various subsidies—from providing free coastal land to offering financing assistance for ship buyers. But estimating the true scale and impact of these policies is challenging, as governments are often opaque about their industrial support programs. In a paper in the Journal of Economic Perspectives, authors Panle Jia Barwick, Myrto Kalouptsidi, and Nahim Bin Zahur developed new methods for overcoming these measurement challenges and quantifying China's support for its shipbuilding industry.  Their research reveals which types of industrial policies work best, when they should be implemented, and why countries might pursue them even when the direct economic returns are low. These insights are particularly relevant today, as countries around the world are increasingly embracing industrial policies to support strategic sectors. Barwick and Kalouptsidi recently spoke with Tyler Smith about how they measured China's shipbuilding subsidies, why entry subsidies are particularly inefficient, and the importance of timing industrial support with market cycles

A Debate with Scott Sumner: Industrial Policy, China, and National Security

Play Episode Listen Later Jan 15, 2025 57:30


In this episode, Noah Smith and Erik Torenberg are joined by Scott Sumner, an American economist and previously the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, examine the impact of U.S.-China relations on economic and industrial policies, discussing topics such as tariffs, manufacturing capabilities, technologies like drones and batteries, climate change, defense strategies, and the evolving role of neoliberalism. --

Conservative Conversations with ISI
Rebuilding America: A Bold Vision for Industrial Policy with Marc Fasteau and Ian Fletcher

Conservative Conversations with ISI

Play Episode Listen Later Dec 31, 2024 65:23


In this special episode of Conservative Conversations with ISI, we sit down with authors Marc Fasteau and Ian Fletcher to discuss their groundbreaking new book, Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries. Drawing from their wealth of experience in law, economics, and trade policy, Marc and Ian explore why America is losing the global competition for manufacturing and innovation—and what can be done to turn the tide.From the history of industrial policy in the U.S. to the crucial role of tariffs, a competitive exchange rate, and government support for emerging technologies, they outline a bold yet practical vision for restoring American economic leadership. Whether you're concerned about the future of American jobs, innovation, or national security, this episode provides sharp insights and actionable solutions for policymakers and citizens alike.Tune in as we delve into the challenges and opportunities of rebuilding the nation's industrial foundation and the key takeaways from their thought-provoking book.

Innovation Files
The United States Needs a Robust Industrial Policy, With Marc Fasteau and Ian Fletcher

Innovation Files

Play Episode Listen Later Dec 16, 2024 28:17


What is the correct economic strategy for a nation? Rob and Jackie sat down with Marc Fasteau and Ian Fletcher, authors of Industrial Policy for the United States, to discuss how industrial policy, done right, will develop the kind of economy the United States wants.MentionedMarc Fasteau and Ian Fletcher, Industrial Policy for the United States, (Cambridge University Press, November 2024).Ian Fletcher, Free Trade Doesn't Work: What Should Replace It and Why, (Coalition for a Prosperous America, February 2011).“Are You a “Marketist” or a “Producerist” on Economic Policy?,” (ITIF, December 2024).

The Capitalism and Freedom in the Twenty-First Century Podcast
AI, Tech, Industrial Policy and Baby Equities with Brad Gerstner (Altimeter Capital Founder and CEO)

The Capitalism and Freedom in the Twenty-First Century Podcast

Play Episode Listen Later Dec 10, 2024 60:22 Transcription Available


Jon Hartley and Brad Gerstner discuss Brad's career, free markets, investing in technology, industrial policy, the CHIPS and Science Act, and baby equity investment accounts. Recorded on November 1, 2024. ABOUT THE SPEAKERS: Brad Gerstneris the founder and CEO of Altimeter Capital, a tech investment firm based in Silicon Valley, that manages both public and VC investment portfolios. Started in 2008, Altimeter manages over $15bn of investments across its public equity fund and venture capital funds. Brad is also the founder of Invest America, a non-profit that is spearheading research into the creation of private investment accounts for the 3.7 million children born each year in America, unlocking economic mobility for the next generation. Born in Indiana, he studied at Wabash College, Oxford University, Indiana University School of Law and Harvard Business School. He practiced securities law and served a term as Indiana deputy secretary of state before returning to HBS. Jon Hartley is a Research Assistant at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently a Research Fellow at the Foundation for Research on Equal Opportunity (FREOPP) and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

EconTalk
Why Industrial Policy Is (Almost) Always a Bad Idea (with Scott Sumner)

EconTalk

Play Episode Listen Later Dec 9, 2024 89:13


Tariffs are in the air. Will they help or hurt Americans? Listen as economist Scott Sumner makes the case against tariffs and various other forms of government intervention that go by the name of industrial policy. Along the way he looks at some of the history of worrying about the economic and military dangers posed by foreign countries.

The John Batchelor Show
#ENERGY: Industrial policy and the EV cutback. Richard Epstein, Hoover Institution.

The John Batchelor Show

Play Episode Listen Later Dec 7, 2024 12:08


#ENERGY: Industrial policy and the EV cutback. Richard Epstein, Hoover Institution. 1959 AEC

The John Batchelor Show
#MRMARKET: INDUSTRIAL POLICY FAIL. VERONIQUE DE RUGY

The John Batchelor Show

Play Episode Listen Later Nov 9, 2024 9:00


#MRMARKET: INDUSTRIAL POLICY FAIL. VERONIQUE DE RUGY 1939 NYSE