When the state picks winners
Article Abstract:
Bill Clinton's economic team seems to favor interventionist industrial policies, as opposed to the free market Republican approach. Interventionists believe they are taking the more pragmatic view, but in reality governments fail more often than markets.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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No need for a boost
Article Abstract:
The US economy does not require any incentives to climb out of the recession because the economy is already growing at a decent pace. Clinton and his advisors feel that the growth is not fast enough and are worried about rising unemployment figures.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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