This book explores 19th-century railroad policies in the United States, France, and Britain to identify the roots of nations' modern industrial policy styles.

Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competi

"In an era of rapid international economic integration, how do countries interact, innovate, and compete in industries, like energy, that are fundamental to nat

Highlights the interactions between institutions and policy choices, as well as the importance of historical constraints on Britain's relative economic decline.