Adam Smith may have won the intellectual battle of ideas, but mercantilism has survived, and sometimes to good effects, from Dani Rodrik www.nber.org/papers/w34353
Industrial Policy Group
@industrialpolicy.bsky.social
All things industrial policy.
Aghion (et al) have a paper on China, they recognised long ago & before many that the Chinese model departs from the East Asia model in having a Darwinian struggle-to-the-death competition of firms behind a wall of protection. It pairs Schumpeterian growth theory w the economics of industrial policy
AI infrastructure is surging, but broader US manufacturing investment is slowing. The risk: an AI boom that enriches tech firms more than people. A smart industrial policy will translate AI’s surge into quality jobs. An 🎯 piece from @ianrharnett.bsky.social www.ft.com/content/c7b9453e-f...
The AI capex endgame is approaching
The rapid building of excess capacity both extends bubbles and ultimately bursts them
ft.com
"U.S. President Donald Trump’s America First economic vision is pushing Canada to follow suit" @theglobeandmail.com article on Canada's turn to industrial policy focused on stimulating domestic demand for products exported to the US.
Highlights from @nathanlane.bsky.social's interview with @visiblehandpod.bsky.social: reflections on qualitative and hard econometric evidence in industrial policy studies, and the external validity of HCI drive successes: spillovers can apply broadly, but South Korea's bureaucracy was crucial. 🙌
In some senses you can see this as a form of industrial policy stimulating the growth of the arts sector, this is great for those who like the arts and those who produce art! Assuming the implementation is good etc. etc. 🎨🎵✒️
Mike Sowden@mikeachim.bsky.social · 10mo agoDamn. This is amazing. £325 per week, paid monthly, for 3 years - and the result was a profit for the Irish economy: www.citizensinformation.ie/en/employmen...
Fantastic piece by @theglobeandmail.com on how smaller countries are grappling with the consequences of America First! 🙌🙌https://www.theglobeandmail.com/business/economy/article-trump-america-first-canada-economic-nationalism/
Pushed by Trump, Canada enters a new era of economic nationalism
The U.S. President’s ‘America First’ economic vision is pushing Ottawa to reach for a Canada First toolkit – one that would have been inconceivable a year ago
theglobeandmail.com
Our co-founder @nathanlane.bsky.social featured on @visiblehandpod.bsky.social for a fascinating conversation on South Korea's Industrial Policy! 🙌
The Visible Hand Podcast@visiblehandpod.bsky.social · 10mo agoNathan Lane on South Korea's Industrial Policy: www.thevisiblehand.uk/episodes/epi...
IPG's @nathanlane.bsky.social spoke to EconomyChosun on the South Korea Petrochemicals industry in light of the recent government industrial restructuring plan. Great insights. Industrial policy in managing challenging times, the importance of involving companies, setting realistic expectations. 🙌
조선비즈가 만드는 프리미엄 경제 주간지 - 이코노미조선
경제경영계의 오피니언 리더들에게 유익한 정보와 인사이트를 제공합니다
economychosun.com
This is very interesting!
Council of Canadian Innovators@canadianinnovators.org · 10mo agoIn the latest Mooseworks, CCI Director of Policy and Research Laurent Carbonneau considers how innovation could play a role in addressing housing affordability. Read the full piece here: www.canadianinnovators.org/content/from-artisanal-to-industrial-transforming-canadas-homebuilding-industry
Two events this week in Industrial Policy practice: 1. Keir Starmer's Labour Party Conference speech places industrial policy as central to "national renewal" 💫 2. The US government bought a 5% equity stake in Lithium Americas aiming to secure supply chains for batteries and EVs 🔋
Great guide to context engineering from the Anthropic team www.anthropic.com/engineering/... @anthropic.com
Effective context engineering for AI agents
Anthropic is an AI safety and research company that's working to build reliable, interpretable, and steerable AI systems.
anthropic.com
From EVs to batteries to heat pumps and more, clean technology is transforming the economics and geopolitics of energy. Take a crash course in electrotech with these episodes from Energi Media: https://www.youtube.com/watch?v=IC6ToNSeerE&list=PL0nvJ0fD_HvCBDfjyv88jVS07N0Bljhcb
- YouTube
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
youtube.com
We’re super excited to welcome Katharina Erhardt as the new Head of our Industrial Policy Lab—a joint project with @zew.de & @delorsberlin.bsky.social. In a joint professorship with @hhu.de / @dice.hhu.de, Katharina will also further strengthen our Research Center Trade 👋!
Very interesting work by @lowyinstitute.bsky.social. Ambitious green industrial policy goals are exciting, but we agree success requires more. The institutions tasked with policy design and implementation must have the capacity and incentives to deliver.
The Lowy Institute@lowyinstitute.bsky.social · 10mo ago“Observers of Indonesia’s past COP campaigns note a recurring pattern: the projects presented often…” Read Bhima Yudhistira Adhinegara and Muhammad Zulfikar Rakhmat in The Interpreter. https://www.lowyinstitute.org/the-interpreter/indonesia-s-green-industrial-policy-ahead-cop30
"Chinese factories installed nearly 300,000 new industrial robots last year alone ... the United States, the world’s largest economy, installed a mere 34,000." China has an industrial policy. The US has whatever Trump sees a story about on Fox News. www.zmescience.com/science/chin...
China Now Has More Factory Robots Than the Rest of the World Combined
China’s robot army is reshaping the world as we know it.
zmescience.com
Australian government industrial policy around quantum computing includes $610m in PsiQuantum, $13m Quantum Australia Fund, and investments by National Reconstruction Fund, reports @nicfildes.ft.com . www.ft.com/content/3bac...
Australia emerges as quantum computing player with role in Microsoft chip
Advances in the technology have been made possible by sustained government funding since the 1990s
ft.com
The strength of demand for generative AI may be the most critical factor determining whether an infrastructure boom ends in a bust. But three aspects add to the uncertainty
The murky economics of the data-centre investment boom
How similar is it to the 1990s telecoms bubble?
econ.st
China is scooping up supply chain information as part of its trade restrictions. Europe lags behind in economic intelligence, but there is a way to start closing this gap with a low-cost, low-bureaucracy, high-impact step, writes @jankaoertel.bsky.social @ecfrasia.bsky.social https://bit.ly/4mCDg6p
Carbon copy: How Europe can narrow the economic intelligence gap with China
China is scooping up supply chain information as part of its trade restrictions. Europe lags behind in economic intelligence, but there is a way to start closing this gap with a low-cost…
ecfr.eu
🌐 From the first web page created in 1991… to 1 trillion web pages archived today. Every meme, blog, tweet & vanished site is part of our shared story. This is our collective memory. And it’s being saved. Join in our celebration this October: blog.archive.org/trillion/ #Wayback1T #WaybackMachine
In a recent @nature.com perspective article, @ucberkeleyofficial.bsky.social professor @jonasmeckling.bsky.social traces the rise of geoeconomic competition in decarbonization policy and spells out its implications for policymakers. besi.berkeley.edu/what-the-geo...
What the geoeconomic turn in decarbonization means for policymakers
For he majority of its history, decarbonization policy focused on distributing the burden of climate change mitigation. Recently, however, decarbonization has a competitive turn, BESI Climate lead…
besi.berkeley.edu
In Building for the Future: How Industrial Policy Can Strengthen Canada’s Economy & Sovereignty, we highlight removing systemic barriers & creating tools like an Indigenous development bank to unlock opportunities & strengthen sovereignty. 📖 Read the full recommendations: irpp.org/research-stu...
Building for the Future: How Industrial Policy Can Strengthen Canada’s Economy and Sovereignty - IRPP
A report from the IRPP shows how a smart industrial policy strategy can help Canadian governments address unprecedented challenges.
irpp.org
"Net zero is less a political battleground and more a race to secure future markets, investment and jobs." Prof Thomas Hale is quoted in the Independent as UK Prime Minister Keir Starmer faces calls to hold firm on green policies.👇 https://ow.ly/sGJ650X2QIe
Government urged to push ahead with climate plans amid growing net zero pushback
Sir Keir Starmer is facing calls to hold firm on Labour’s green policies amid increasing political pressure at home and a fraying consensus globally.
ow.ly
A recent paper linking increased prevalence of a certain type of dementia with exposure Pm2.5 (a local air pollutant linked to fossil fuel combustion) www.science.org/doi/10.1126/...
Lewy body dementia promotion by air pollutants
Evidence links air pollution to dementia, yet its role in Lewy body dementia (LBD) remains unclear. In this work, we showed in a cohort of 56.5 million individuals across the United States that fine p...
science.org
There is so much thinking about industrial policy design at the moment, this work is so important!
SIEPS@sieps.bsky.social · 10mo agoIndustrial policy in the EU has become more active, assertive, green and sectoral. This paradigm shift may weaken competition in the single market and the cohesion in the EU. A new report by Adam A Ambroziak provides support for new ways of financing and coordinating a common industrial policy.
Here’s my latest policy brief for CSDS! Pleased to share my views on how China’s industrial overcapacity is affecting Europe’s efforts to rearm. There’s a need to bring EU trade and defence policy together, but with more emphasis on defence!
CSDS Brussels@csds.bsky.social · 10mo ago❗New CSDS Policy Brief❗ "The Price of Plenty: Industrial Overcapacities, China and European Defence", by Daniel Fiott for CSDS. Read csds.vub.be/publication/...
❗New CSDS Policy Brief❗ "The Price of Plenty: Industrial Overcapacities, China and European Defence", by Daniel Fiott for CSDS. Read csds.vub.be/publication/...