From time to time, we’ll re-air a previous episode of the show that our newer audience may have missed. During this episode, Santosh is joined by Ian Fletcher and Marc Fasteau, Co-Authors of “Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries." In this conversation, Marc and Ian emphasize the need for a strategic approach to support key industries, highlighting the importance of government-sponsored research, trade protection, and a competitively valued currency. The conversation also covers the role of tariffs, workforce development, and the necessity of a unified economic strategy. The group advocates for intentional policies to foster economic growth, innovation, competitiveness in the global market, and more. 

Highlights from their conversation include:

• Introducing Marc and Ian and the New Book (0:41)
• Defining Modern Industrial Policy (4:33)
• Industry-Based Economic View (5:35)
• Importance of Industry Selection (7:23)
• Global Perspectives on Industrial Policy (11:25)
• Three Pillars of Industrial Policy (17:26)
• List of Industrial Policy Tools (19:16)
• Granularity of Industrial Policy (25:27)
• Role of Tariffs in Industrial Policy (26:49)
• Workforce Development and Automation (29:00)
• Future of U.S. Industrial Policy (30:58)
• Challenges of Policy Silos (31:36)
• Hope for Unified Discipline in Industrial Policy (32:24)

Dynamo is a VC firm led by supply chain and mobility specialists that focus on seed-stage, enterprise startups.

Find out more at: https://www.dynamo.vc/

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.