Biden's approach is framed as a revival of past American industrial policy focused on cultivating domestic manufacturing capabilities.
The episode delves into various aspects of industrial policy, such as financing mechanisms, workforce development, and public-private partnerships, to support advanced manufacturing efforts.
The episode explores the role of industrial policy in the economic populist agenda, particularly in relation to J.D. Vance's vision for the United States.
The use of tariffs and efforts to nurture strategic industries like battery production reflect elements of an industrial policy approach by the US government.
The episode discusses the Biden administration's embrace of industrial policy, such as the Inflation Reduction Act and the CHIPS Act, as a departure from the neoliberal consensus and a potential avenue for promoting progressive economic policies.
The episode delves into the complexities and trade-offs surrounding industrial policy, particularly in the context of renewable energy industries.
The episode discusses various countries' industrial policies and incentives aimed at securing domestic battery supply chains and reducing dependence on other nations.
The podcast episodes explore various facets of industrial policy, including its historical contexts, conceptual underpinnings, and contemporary applications across different countries and industries.
For example, the episode 'How Brazil Gave Birth to One of the World's Greatest Jet Makers' delves into the policies and economic conditions that enabled the growth of the Brazilian aerospace company Embraer, while '88. Addis Goldman & Brady Helwig, Special Competitive Studies Project - National Action Plan for Advanced Manufacturing' discusses the US government's efforts to promote advanced manufacturing capabilities.
Other episodes explore the resurgence of industrial policy approaches in the Biden administration, such as the Inflation Reduction Act and CHIPS Act, as well as the implications for renewable energy, critical minerals, and workforce development.