Efforts to rebuild Iraq's shuttered industrial base, including an infusion of $760 million in U.S. funds over the past year, is making slow progress but has had little success getting Iraqi products to American consumers. Paul Brinkley, deputy under secretary of defense in charge of business transformation, said Tuesday that the U.S. government spent $180 million of that total in July alone on Iraqi goods and services. (USA Today, Wednesday)
Exporting statism.
FEE Timely Classic
Laissez Faire as a Development Policy by John Semmens