Losing Time

In "Losing Time," author Otis Graham presents a thought-provoking examination of the federal government's role in shaping industrial policy in the United States. Published by Harvard University Press in 1994, this insightful paperback spans 384 pages and delves deep into the intricacies of economic development and the impact of central government policies. Graham advocates for a streamlined, minimalist approach that seeks to unify and reform existing industrial strategies. His vision emphasizes the necessity for the U.S. to build institutional capacities that facilitate informed industrial interventions, driven by continuous learning and a strategic vision. By fostering bipartisan collaboration between labor and management, Graham's proposals aim to enhance the effectiveness of industrial policies in a rapidly changing economic landscape. This book is essential for anyone interested in the intersections of economics, politics, and history, providing a comprehensive look at the challenges and opportunities facing American industry.