AMSA: The Sound and Fury of a Partial Closing

AMSA’s closure of its long steel operations has caused a furore. It fits into a global picture a decade or more in the making, and it illuminates a hard policy choice for our government, like all governments: protect an industry and make the product more expensive, or let the industry find its way and define a different focus for your industrial policy. For more about JP, and to read his newsletter, please visit his website.