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Industrial Policy
The Department of Defense (DoD) likes to pretend it does not really have to pay attention to the defense industrial base or to develop an industrial policy. It holds firmly to the fantasy that when the government waves money at the private sector the latter will respond rapidly and effectively.
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Date:
7/9/2012
The rapid growth of China's state-influenced industrial complex is the big economic success story of the new century. The anemic performance of America's free-enterprise system is a different kind of story. Somehow, the neo-socialists who run China have managed to sustain double-digit growth during
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Date:
10/1/2010


