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Audio interviews with industry leaders and senior faculty with exclusive insights on current topics brought to you by [email protected] and the Wharton School of the University of Pennsylvania.


Does It Make Sense to Have an Industrial Policy? Ask Howard Pack

April 11th, 2012

Episode 32 of 882 episodes

Whenever an industry runs into trouble -- and especially when it starts hemorrhaging jobs -- demands for support and subsidies are heard. But does having an industrial policy really make sense? According to Howard Pack, a professor of business and public policy at Wharton, an interventionist government policy generally plays a limited role in bringing about an improvement. In fact, he adds,government interventions can sometimeslead to harmful results. (Podcast with transcript)

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