Policy in Brief: Local Content Requirements

On this episode of Policy in Brief, Oren Cass and Chris Griswold discuss how to spur private investment, innovation, and competition by guaranteeing demand for domestic production. In recent years, industrial production has been increasingly offshored, leaving supply chains more fragile and entrenched abroad. America’s domestic industry has declined as a result, degrading our long-term ability to innovate and leaving the U.S. dependent on other nations for critical goods. A local content requ...