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Does the U.S. Need an Industrial Policy?
Oleh:
McCracken, Paul W.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Economic Impact no. 2 (1984)
,
page 8-13.
Topik:
Industrial Policy
;
President's Council of Economic Advisers
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE6.7
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Whatever the rhetoric behind recent calls for an American industrial policy, the more ambitious concept of industrial policy envisages increasing amounts of direct government management of the specifics of the economy, says a former chairman of the President's Council of Economic Advisers. He argues that this would be a mistake because government-managed economic life tends to slow down progress and leaves little room for creative initiative. A professor of business administration at the University of Michigan since 1948, Paul W. McCracken was a member of the President's Council of Economic Advisers from 1956 to 1959 and chaired that group from 1969 to 1971. In 1981, he was appointed to the President's Advisory Board on Economic Policy. This article is drawn from a paper given by Dr. McCracken at a meeting of the National Association of Business Economists in September 1983.
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