The Industrialization Playbook
Decouple11 Mar 2025

The Industrialization Playbook

This week, we talk industrial policy. Economist and author Steve Keen joins me to shine light on the present moment by exploring the historical use of tariffs and industrial policy in the development of industrial powers from Britain to China. In his usual style, Keen aims to dismantle the myths of free-market economics, explaining how virtually every successful industrial nation began with protectionist policies. With the US now engaged in a trade war with Canada and other nations under Trump's renewed tariffs, we examine whether such measures can effectively rebuild American industry without the comprehensive industrial policies that powered China's meteoric rise. Hint: Keen believes this simplistic tariff solutions may create more chaos than revival for America's industrial base.

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Episoder(328)

Sunk Costs & Diminishing Returns of Iran's Nuclear Program w/ Farzan Sabet

Sunk Costs & Diminishing Returns of Iran's Nuclear Program w/ Farzan Sabet

Iran’s nuclear program is now more than seven decades old, stretching from the Shah’s ambitious Atoms for Peace-era plans to the Islamic Republic’s pursuit of enrichment, missile capability and nuclea...

6 Aug 1h 25min

Biomass Masterclass w/ Mark Nelson

Biomass Masterclass w/ Mark Nelson

For almost the whole of human history, wood was the main act. It was the fuel that cooked food and smelted iron, the material that framed every house and hull, and the first bulk commodity ever moved ...

31 Jul 1h 10min

Ernie Moniz: Reflections on the JCPOA

Ernie Moniz: Reflections on the JCPOA

Former U.S. Secretary of Energy Ernest Moniz joins Decouple to examine the history of Iran’s nuclear program and the negotiations that produced the 2015 Joint Comprehensive Plan of Action. As the agre...

23 Jul 43min

Fission Impossible? Financing New Nuclear w/ Michael Seely

Fission Impossible? Financing New Nuclear w/ Michael Seely

Why are nuclear power plants so difficult to finance, and who ultimately pays when megaprojects run late or over budget? Chris Keefer is joined by returning guest Michael Seely, The Atomic Blender, fo...

16 Jul 1h 29min

CANDU: The Truly Modular Reactor w/ Navid Badie

CANDU: The Truly Modular Reactor w/ Navid Badie

In this reactor deep dive, Chris Keefer is joined by Navid Badie, Chief Nuclear Engineer at Candu Energy Inc, to explain the inner workings of the distinctive CANDU reactor. They trace how Canada’s de...

24 Jun 1h 9min

The Birth of America’s Nuclear Power Industry

The Birth of America’s Nuclear Power Industry

James Krellenstein returns to take apart one of the most persistent myths in energy discourse: the idea that there was a golden age when nuclear power was cheaper than coal. The plants people point to...

17 Jun 1h 2min

Limits to Growth of LLMs w/ David Helmer

Limits to Growth of LLMs w/ David Helmer

AI hype has bled deep into the nuclear sector, and in this episode, Chris Keefer sits down with returning guest David Helmer, an engineer and AI advisory consultant with a decade advising the US gover...

4 Jun 1h 32min

The Gas Turbine: The Final Revelation in Humanity’s Pantheon of Prime Movers (w/ David Helmer)

The Gas Turbine: The Final Revelation in Humanity’s Pantheon of Prime Movers (w/ David Helmer)

David Helmer spent years working on cooling systems for GE jet turbines before moving to Boston Consulting Group, the Applied Physics Laboratory, and West Point. He joins Decouple to explain why the g...

12 Mai 1h 5min

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