All Posts Tagged With: "industrial policy"
Government Motors
Government Motors by Michael Heberling Michael Heberling (mheber01@baker.edu) is president of the Baker College Center for Graduate Studies in Flint, Michigan. If Washington owns it, it just can’t keep its hands off. —Senator Lamar Alexander Twenty-five years ago President Reagan told auto workers in Orion, Michigan, “You’ve demonstrated when the chips are down, what people [...]
23Oct2009 | Michael Heberling | 6 comments | ContinuedTransforming America: The Bush-Obama Stimulus Programs
George W. Bush’s and Barack Obama’s “stimulus” programs will permanently transform the American economy. The market-based system that has produced unprecedented prosperity relies on profit and loss, which rewards individuals and firms that add value to the economy and penalizes those that detract value. The various stimulus programs undermine that system. My discussion will focus [...]
19Aug2009 | Randall G. Holcombe | 13 comments | ContinuedThe Case Against the Auto Bailout
1) If no conditions are attached, then the taxpayers would be forced to aid unaccountable companies.2) If conditions are attached, then the taxpayers would be forced to aid (quasi) nationalized companies.3) Both scenarios are objectionable.4) Ergo, the bailout is objectionable.(The New York Times today discusses the implications of nationalization.)
9Dec2008 | Sheldon Richman | 4 comments | ContinuedLong Live the Czar
It appears that Congress will bail out the Big Three of Detroit. But don’t worry. We are assured that taxpayer protections will be built into the rescue plan. This includes appointment of a “Car Czar.” The rumored candidate for the position is pictured below Feel better?
8Dec2008 | Sheldon Richman | 0 comments | ContinuedHow Henry Ford Zapped a Licensing Monopoly
Melvin Barger is a retired corporate public relations representative and writer who lives in Toledo, Ohio. More books have been written about auto pioneer Henry Ford than any other person in the car business. Though he had critics, the judgment of history is that he put the world on wheels with his famous Model T. [...]
1Dec2001 | Melvin D. Barger | 0 comments | ContinuedThe Perversion of Economic Development
In a country known for having forged the world’s highest living standard from what was wilderness scarcely 200 years ago, one would think that “economic development” is a well-understood concept. Unfortunately, it isn’t. In recent decades, economic development has come to mean something other than the spontaneous, entrepreneurial phenomenon that built America. It is often [...]
1Feb1996 | Lawrence W. Reed | 0 comments | Continued-
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