A relic of the 1970s
Plus ça change, plus c’est la même chose.
Australia’s Treasurer, Jim Chalmers, “will more purposefully direct investment flows to priority areas such as clean energy, through market design and co-investment”. Also known as industrial policy, Chalmers looks set to revive a relic of 1970s economic thinking:
“We will employ this co-investment model in more areas of the economy, with programs already under way in the industry, housing and electricity sectors.