Robert D. Atkinson is founder and president of the Information Technology and Innovation Foundation. He is based in Washington D.C.
As the U.S. Congress hopefully finalizes a wide-ranging industrial policy legislative package, on the same order as the 1988 Omnibus Trade and Competitiveness Act passed to address the Japanese economic challenge, a number of pundits are pointing to Japan's economic performance as evidence that industrial policy is doomed to failure.
