Nathan Lane Profile picture
Econ professor @ Oxford studying industrial policy. Cofounder of the Industrial Policy Group and @TheRealSoDaLabs. Humanism and hardcore punk music appreciator.
Apr 17 7 tweets 2 min read
@hboushey46 — Why are we doing industrial policy?

Confronting the existential crisis that the climate change presents.

We need to fix the supply-side problem. To meet emissions target we need global investment on an immense scale.

#PIIE #IMF Meetings. Image The president’s economic agenda—especially the *better* in building back better.

There’s an idea in the Biden administration. What we make is part of our economic success, and the how.

Growth is central—and growth that brings people along.
Apr 12 13 tweets 2 min read
On now @DAcemogluMIT

It’s not about more innovation but about the direction of technological change. Image Markets are powerful. They’re powerful with marshaling innovation. The problem is the socially desirable direction of technological change.
Oct 10, 2023 6 tweets 1 min read
New post by @mattyglesias on industrial policy. Which is much more thoughtful & nuanced than most.

Some little points, that aren't incompatible with the some good points therein.

slowboring.com/p/the-industri… Indeed, Definitions matter. I agree there is muddled thinking here, especially among commentators.

Many revert to ex-post definitions (things I don't like). Rather than useful definitions which scholars are mostly converging on.
Feb 1, 2023 7 tweets 2 min read
This piece faults Sen for emphasizing growth and, thus, capital accumulation.

If this is an issue with Sen, then it’s an issue with many socialist ideas.

Radical visions also emphasize growth & K accumulation. K is still a factor of production, its ownership is a dilemma. Similarly:

Marx & others recognized the progressive aspects of capitalist development. Relative to pre-capitalist, feudal modes or prod.

Blaming Sen for recognizing *this* aspect of capitalism—whilst recognizing its contradictions—is odd. It’s within the Marxian tradition.
Jul 3, 2020 13 tweets 3 min read
I just realized it was my 900th day meditating.

Here are some things I’ve learned. Especially meditating as an academic.

1/N - It works. (As do many contemplative practices). But it takes time—& perhaps discomfort at first. For many, though, the benefits materialize quickly. I noticed probably 15 days in. I say this in earnest as someone with chronic depression, etc, etc.

2/N