The proper role of government in the US economy has long been the subject of ideological dispute. This study of industrial policy as practised by administration after administration, explores the variations from a hands-off approach to protectionist policies and aggressive support for businesses.

The proper role of government in the U.S. economy has been the subject of ideological dispute for generations. In some recent variations the debate has ranged from purist advocacy of government "hands-off" to calls for protectionist policies and aggressive support for American businesses struggling in a cut-throat world market.

What is the reality? This question animates Richard Bingham's provocative study of industrial policy American-style, as practiced (if not preached) by administration after administration. Readable and enlivened with case studies, this book is accessible and of interest to anyone who follows business-government relations in the United States and abroad.