Brian Balfour is the John Locke Foundation’s senior vice president of research.
NCInnovation looks a lot like ‘Bidenomics, has strong ties to Dems
A recent Economist magazine article examined President Joe Biden’s industrial policy approach, describing it as “place-based industrial policy.” The article describes such policies as directing tens of billions of taxpayer dollars to specific “struggling regions” in order to boost manufacturing capacity and hopefully incentivize private investment. Specific examples the article cites include $10 billion to...