Editor’s note: Marc Fasteau and Ian Fletcher are interviewed in this podcast relating to their recent article on the economic foundations of industrial policy. This podcast accompanies their recent article on the topic in Palladium magazine.
Marc Fasteau and Ian Fletcher join Wolf Tivy to discuss the economic foundations of industrial policy, why manufacturing is more valuable than other economic activity, and what went wrong in the economics profession.
[June 19, 2020 | Palladium Podcast]
Marc Fasteau is the founder and former chairman of American Strategic Insurance Group and board member of the Coalition for a Prosperous America. He formerly served on the staffs of the House Banking & Currency Committee, of Senate Majority Leader Mike Mansfield, and of the Joint Economic Committee. He holds a JD from Harvard Law School and was a partner at the investment bank Dillon Read & Co. He is currently writing a book on Industrial Policy with Ian Fletcher.
Ian Fletcher is the author of Free Trade Doesn’t Work and a member of the Advisory Board of the Coalition for a Prosperous America. From 2010 to 2012, he was Senior Economist of CPA, and prior to that, Research Fellow at the U.S. Business and Industry Council. Educated at Columbia and the University of Chicago, he lives in San Francisco. He is currently writing a book on industrial policy with Marc Fasteau.