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LSE US Centre:
Trump is learning the wrong lessons from Ronald Reagan ? innovation policy is better than protectionism

19 March 2019

Donald Trump has cited the example of one of his US presidential predecessors, Ronald Reagan, in support of his protectionist policies. But as research by Ufuk Akcigit, Sina Ates and Giammario Impullitti shows, it was the Reagan administration's innovation policy - not a retreat from globalisation - that promoted long-run growth in the US economy.

Read more... LSE US Centre