Industrial Policy Isn't About Jobs

I believe that the best generals are the ones who hate wars most, and I believe the best industrial policy experts are the ones who hate it most. The problem is that the only people who talk about industrial policy are the ones who love it and are looking for a reason to do it. Anyone who can […] talk for five minutes about why we need industrial strategy or resilience without saying the words “it will create US jobs” I have substantial time for but whenever it comes with a whole set of talk about US jobs then it becomes much more problematic. — Larry Summers 💬