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Industrial policy (known to critics as "picking winners") has a bad name in the West, he said, and for good reason: it has failed far more often than it has succeeded.
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To reformers, it is clear that auditors have failed far too often to live up to their mandate of protecting investors by being independent reviewers of corporate accounts.
Cameron's appeasement strategy has failed so far.
Substantively, he has failed, so far, to pass his signature initiative, a health care bill.
The Politico story explained how Paul has failed, so far, to cultivate fruitful relationships there.
Their default option of air strikes and limited assistance to indigenous forces has failed thus far.
But the slowing of the economy has failed so far to curb the demand for electricity.
The effort to attract more foreign tourists has failed so far.
"The government has failed so far to protect these minorities," Riaz adds.
Britain has been cutting spending to pare its deficit but has failed so far to stimulate growth.
But the government has failed so far to keep its promise to increase that figure to 30,000.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com