Fixing the American Economy
Columbia University Professor Jeffrey Sachs discusses his new book, "Building the New American Economy," with Christopher Granville, M.D. of TS Lombard, Handelsbalatt’s Katharina Slodzyck, and Carlos de Vega of El País.
After a decades-long love affair with laissez-faire policies, many governments – notably in developed countries – are increasingly seeking to shape their economies through tariffs, subsidies, public procurement, and more. But not all industrial policies are created equal, and understanding their nuances and limitations is critical to their success.