April 11, 2024
AnalysisThe Electric Vehicle Developmental State
BYD exemplifies transformations in Chinese industrial policy
The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…
October 25, 2018
UncategorizedThe Urban Commonwealth
On social wealth funds and urban wealth funds
As the federal government continues to abdicate responsibility for urban investment, cities face a depressing modern calculus.