[lbo-talk] picking winners

[Andy]

Recalling thoughts about technological innovation and industrial
policy, I was trying to think of examples where gummint support did
*not* provide a boost.  Ford with his assembly lines and cheap cars
came to mind.  Maybe early (pre-WW1) development of electrical
technology?

Slashdot came up with an interesting example of strategic industrial
policy from the fifties:

http://hardware.slashdot.org/story/12/05/15/0234237/an-8000-ton-giant-made-the-jet-age-possible

-- 
Andy