Trump’s recent actions recall earlier episodes of US industrial policy, such as wartime production controls and financial crisis interventions, when governments assumed temporary stakes or direct control over private enterprise.
You May Also Like
Politics
Timothy Terrell makes the case for property rights and market-based stewardship as the true path to sustainability.
Editor's Pick
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement...
Editor's Pick
Neal McCluskey Every year, PDK International, a professional education association, conducts a survey gauging the American public’s views on various education issues. This year’s...
Editor's Pick
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since...