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Program in search of a policy: The chrysler loan guarantee


  • Brian M. Freeman
  • Allan I. Mendelowitz


In 1979, the U.S. government responded to the threat that Chrysler might close its doors with a program that had almost no U.S. precedents. The policy that lay behind the program was obscure at the time and remains so. A variant of the traditional argument for the protection of infant industries offers the glimmering of a rationalization. But defining a general policy in such cases remains a task for the future.

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  • Brian M. Freeman & Allan I. Mendelowitz, 1982. "Program in search of a policy: The chrysler loan guarantee," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 1(4), pages 443-453.
  • Handle: RePEc:wly:jpamgt:v:1:y:1982:i:4:p:443-453 DOI: 10.2307/3324774

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    References listed on IDEAS

    1. Michael B. Teitz, 1989. "Neighborhood Economics: Local Communities and Regional Markets," Economic Development Quarterly, , vol. 3(2), pages 111-122, May.
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    Cited by:

    1. Robert Pollin & Dean Baker, 2009. "Public Investment, Industrial Policy and U.S. Economic Renewal," Working Papers wp211, Political Economy Research Institute, University of Massachusetts at Amherst.

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