Difference between revisions of "Mercantilism And Industrial Policy Works"
From Critiques Of Libertarianism
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[[Category:Libertarian Blind Spots]] | [[Category:Libertarian Blind Spots]] | ||
| − | {{DES | des = While free trade might be optimal, until there is a world government to enforce it there will be merchantilism. Merchantilism | + | {{DES | des = While free trade might be optimal, until there is a world government to enforce it there will be merchantilism. Industrial policy has a long history of being effective. Merchantilism and industrial policy work and are responsible for the huge reductions in poverty in India, China, Korea, and the rest of eastern Asia. Government support of export industry is key. | show=}} |
{{Links}} | {{Links}} | ||
{{Quotes}} | {{Quotes}} | ||
