1. The Economist's Corner.
- Author
-
Freund, William C.
- Subjects
INDUSTRIALIZATION ,ECONOMIC development ,ECONOMIC policy ,DEVELOPMENT economics ,INDUSTRIAL policy ,INDUSTRIAL revolution ,INDUSTRIALISM ,LABOR productivity - Abstract
The article questions the advocacy for industrial planning or reindustrialization as a means of restoring the productivity leadership to the U.S. The author believes that advocates of the concept simply mean that government should perform more effectively the functions that people expect it to perform. The advocates stress the need for government to maintain and enhance the network of roads and bridges and to upgrade the education and skills of the work force. The elements of reindustrialization is presented and the author questions whether it is likely to help or hinder in the task of lifting the economy up.
- Published
- 1983