Human Capital, Not "Industrial Policy," Explains East Asian Success

4 pointsposted 14 hours ago
by gmays

2 Comments

KellyCriterion

7 hours ago

Not sure: Esp. since if you take a look at the next plans:

- electric vehicles are no more a strategic target, so subsidies will stop

- they do clearly shape their economy according to whatever future prespective

- next big topics are: biotech, robot & AI manufacturing etc.

- i would say this is clearly "industrial policy"?

scuff3d

14 hours ago

The opening paragraph alone is so laughably stupid it's not even worth reading the rest of the article.