This article argues that the various forms of industrial policy currently being proposed are inappropriate for the United States (U.S.). They would fail not only on economic grounds, but on political grounds as well. The article outlines the appropriate role for government in the economy.
Edwin L. Harper & Lehmann K. Li Jr.,
Industrial Policy: Diverting Resources from the Winners,
Mich. J. Int'l L.
Available at: https://repository.law.umich.edu/mjil/vol6/iss1/1