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One advantage of this approach is its recognition that, in the world of health care policy, "winners" and "losers" are fluid categories.
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History is likely to say that Bush & Baker, after helping to create the conditions in which a new world order might develop, steered clear of the enterprise They studiously separated foreign-policy "winners" from "losers," avoiding the latter.
Letters are welcome via e-mail to [email protected] industrySIR – Recent interest in industrial policy ("Picking winners, saving losers", August 7th) has turned the discussion to how and when to do it better, rather than simply how to do it less.
At the same time, overt interventions create policy based winners and losers.
Trade, as much as any public policy, makes winners and losers.
Third, rather than the failed policy of picking winners, governments should encourage winners to emerge by themselves, for example through the sort of incentive prizes that are growing increasingly popular (see article).None of this excites politicians as much as donning hard hats and handing out cash in front of the cameras.
And it is in that same direction that the magnetic field of contemporary American politics is likely to pull the stories the two parties tell after the election — and the policies the winner pursues.
Spice things up with a one-in, one-out policy for Best Picture winners Atone for past sins by taking back the trophy from a previous winner.
Industrial policy cannot pick winners, but it must be quick to shed losers.
The government's policy would create winners among retirees with more modest means and losers among those with significant assets.
Of course, any economic policy will produce winners and losers, and it seems unlikely that policy makers are deliberately sacrificing retirees either to stimulate the economy or to grind down government debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com