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Scott Lincicome

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Hubwonk, 1 episodeHubwonk1 episodeHubwonk•1 episode

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Jan 302024
January 30, 2024Hubwonk
Hubwonk•January 30, 2024

U.S. Manufacturing Health: Does the U.S. Need an Industrial Policy?

Host Joe Selvaggi interviews Scott Lincicome from the Cato Institute. They discuss the U.S. manufacturing industry, international trade, and industrial policy. They dispel the myth of manufacturing decline, highlighting sector evolution and productivity. The conversation moves to industrial policy, emphasizing the need for targeted protection and cautioning against broad subsidization due to potential inefficiencies. Benefits of free markets and globalization for consumers are underscored, with a brief touch on immigration as a solution to labor shortages and a debate on protectionism and tariffs. Guest: Scott Lincicome is the vice president of general economics and Cato’s Herbert A. Stiefel Center for Trade Policy Studies. He writes on international and domestic economic issues, including international trade; subsidies and industrial policy; manufacturing and global supply chains; and economic dynamism.

Hosted by Joe Selvaggi

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