The New Economics of Industrial Policy: Understanding the Rise of ‘Bidenomics’
Exploring the Definition, Rationale, and Evaluation of Industrial Policy The economic policies of the Biden administration, collectively known as ‘Bidenomics,’ have brought industrial policy into the spotlight. With the passage of key legislations like the Infrastructure Investment and Jobs Act, Creating Helpful Incentives to Produce Semiconductors Act, and Inflation Reduction Act, industrial policy has become…