Recently, U.S. National Security Advisor Jake Sullivan summarized the Biden Administration's rationale for new industrial policies: "A modern American industrial strategy identifies specific sectors that are foundational to economic growth, strategic from a national security perspective and where private industry on its own isn’t poised to make the investments needed to secure our national ambitions. It deploys targeted public investments in these areas that unlock the power and ingenuity of private markets, capitalism and competition to lay a foundation for long-term growth." In response, New York Times columnist David Brooks asked, "Will [these new policies] contribute to social cohesion and an American economic renaissance, or just become a sinkhole of debt-funded spending that will drag us to stagnation?".

Please join the Denny Center's Professor James Feinerman and Executive Director Bruce Shaw to discuss this and more with guest panelists AEI's Michael Strain and the University of Michigan's Betsey Stevenson.

This event is sponsored by the Georgetown Denny Center for Democratic Capitalism.

Speakers
Betsey Stevenson, Professor of Public Policy and Economics, University of Michigan, and former member of President Obama's Council of Economic Advisors (2013-2015)

Michael Strain, AEI's Arthur F. Burns Scholar in Political Economy, and Professor of Practice, McCourt School of Public Policy | Georgetown University

James Feinerman, James and Catherine Denny Chair in Democratic Capitalism; James M. Morita Professor of Asian Legal Studies; Faculty Director, Georgetown Center for Asian Law

Bruce Shaw, Executive Director of the Denny Center for Democratic Capitalism