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America’s crumbling infrastructure has become a global laughingstock. A new government agency could fix it — here’s how.

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In this week’s episode of “Pitchfork Economics,” co-host Nick Hanauer points out that the United States doesn’t really have an industrial policy. Other nations intentionally establish suites of economic, regulatory, and fiscal policies which direct their industrial sectors into specific fields, focus manufacturing into new technologies, and discourage harmful corporate behavior such as environmentally unsound investments. Over the last 40 years, America’s leaders have largely left the industrial sector alone to govern itself. 

That hands-off approach is responsible for some disastrous economic results for the United States. Case in point: Solar cells were created in details ⇒

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