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Quote of the Day: August 9, 2010
"What determines success in industrial policy is not the ability to pick winners but the capacity to let the losers go." - Dani Rodrik, as quoted in a Businessweek article evaluating the future of industrial policy and clean energy...

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"What determines success in industrial policy is not the ability to pick winners but the capacity to let the losers go."

- Dani Rodrik, as quoted in a Businessweek article evaluating the future of industrial policy and clean energy technology in the United States. Really, a useful lesson to keep in mind when it comes to policy design.

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